1959-10-08 — Page 9

China Mail 德臣西報 中國郵報 All

Page

THE CHINA MAIL, THURSDAY, OCTOBER 8, 1959,"

PROBLEM OF MONOPOLIES

Britain Deals

London

With Trade

Closes

Restrictions

Higher

London, Oct. 7.

The stock market closed

sharply higher despite Rome late profit-taking. In fairly heavy trading.

Steels paced fadustrials into higher ground with textiles. chemtents and cars also firm.

Gold stocks finished frm and coppers were stendy.

Olts were higher and rubber

Issues steady.

Git:-edged sveurities higher. Dollar stocks mixe.UPI.

Closing Prices

Gilledged Bandı British Transport 30, 100

Consul. -- $55

Panole C

Culverslo Lu

£64-1/14

Fisting Stock

Funding

83-7.10

£10

Funding

Saving

Savings

were were

1020/98--

By Our Economic Correspondent

HONGKONG NY Stock Market

STOCK EXCHANGE

by

Our Own Correspondent

tons and the morning's frans-

Bayer eller Aairu

593

As countries advance economically there is Rusincer done at the Hong- kong Stock Exchunge this a tendency for monopolies and restric-morning amounted to opprexi- tions on trade, to develop. In fact, the

Non quot more advanced the economy the greater actions: their possible growth. Their objects may BANKS be to gather under one ownership the output of a particular product or group Union

Lombard.. of products; or for a group of producers SUUPPING to agree on control of manufacture, prices, distribution, standards of quality.DOCKS, ETC. or output.

The aim may be to maintain research; exchange of views or boost prefits, limit outpat, on technical improvements; and of price stability keep up prices, stifle or reduce achievement competition, exchange technical and exchange of intonatien

when changes und other knowledge, or Im among members

While there lake place. prove qualities. !fore a monopoly or trade agree- ment is not necessarily against

best the

interests Of the

public il

consuming ruikt concern.

3.

..

Fur

Loan

11, 109/2004 -

19:00.90

1965/65-£39-0/10.

30, 1969/70= _JA)=1;AM

Saving 3, 1999/15- C3G-RAN

Ganke

Barclay's Bank "A" Ltd ont--"6s. CHATTed Bank

Hongkong-21214-

Ensurance

:

1 pecent passed

now years

man

the

Benefit

Agreements before the Court which have failed to pass its scrutiny have done so because ivritieni examination of the fscis has not established the probabi

y that may substantial bencht would be lost if the restrictions Arilainended:

the detri- or because mis du? 10 the restrictions have outweighed the benefits.

n

Iany problem has been tackled In by anti-trust and the U.S.A. iother

In measures. where the competitive and Individualistic

Spirits remain action is much more rong,

In 1948 Parlament an Act setting ti Monopolies Commission with I wide

of investigation. Some eight years later a further and--17,Act of Parliament introduced a rew procedure for dealing with

estrictive

by agreements, setting up a Register of Restric- Eve Trading Agreements and a Special

Practices 1 Court.

Valon Inruraises Canton - CA

Aircraft and Motors Modr Corp

Jurusit

10 Sel

Ford Mulog Co-de cor.

Berezirk

Dillers Co-2 16h

Building and Malestate Arsoviated Portland Cemesi-675

70.

Fizchin Johnson Associater Ort!

24 d.

J

Coal Steel and Engineering

Babeck & Whenx Lid- 48 1 Vickers Lad- 204.

Food and Tobacco

British American Tob. Co., Ltd.-

Imperial Tracto Co. Ltd-

Mture BanoLE

Boardian Marden Lid-Ja

powers

Restrictive

Investigation

Today, therefore, the originat commission is concerned only

IK Bank.. D30 INSURANCES

Waterbon

Wheelocks

дез 0415

Closes On Irregular Note

New York, Oct. 7.

The stock market closed on an irregular note toddy despite some heavy support for aircrafts, electronics, missiles and rocket shares in the last hour.

American Motors was a late Conmäklated Paper comer m its section with a gait Continental Oil of Del.

Crane Co......... uf realy three after come early Crown Zellerbach weaknena, General Motors was Cubet Amer, Sugar

Diamond Alkali of more than a point.

Distillers-Seagrame

Texas Instruments was strona

Danion Store

in the electronics, up more than Dougina Aircraft 4. Vick in the drugs with a 12 Dow Chemical

Dupont de Nemours

of nearly 3. Boeing in the air-Easter Ale Time crafts tacked on more than 1 Eastman Kodak 40003

and Thickel in the rocket fuels Family Finance Corp

Firestone Tyre & Rubber 15.0 500 a 14.50 | more than 2.

Fit Nat. Cliy Bank Steels held to an easier pat- Ford Motor lern, except for Lukens which Gatineau Power advanced by nemly 2. U.S. Stezi was unchanged, Youngstown aff: o fraction.

500

20

0.40

0.45 11355

...... 8215 ** 200 52

0.45

200 m

200

5:00

Provident. 1410 14 83 0500 Tatkoo Bock 34:3

35

LAND. ETC. RK Slotel.

1K Land.. 37 37

500 37 609 37.25 104 37

18.30 10.40

13U 37.23 32018 20 200 18.20 50318.30 50D 18.30 1.66 1.70 330 1.701 2200.0

145

Humphreys

Realty RUBBFR Amaig...

31 31, 10000, 64 3114.

100 31

S Kelantan 1.825

UTILITIES Tram Yourati

Some Agures given regently by the Registrar of Restrictive Trading Agreements show the measure of success achieved to date.

At August 7 last therO were 2,200 agreements register- ed. After the Registrar had wanted the parties to 380 of them that he intended starting Telephone.

Maono E... 1070 proceedings, 250 were abandon- ed notifications given of bandonment. As similar cleps were being taken for another 350 "unwarned" agreements, Some 000 in all have been scrapped.

ог

with investigations min alleged six cuses had come to trial be- monopolies or similar practices,

This fore the Court. while the new bodies deal with would have been much

3.00 11550 h 36

5000 16

3000 30

ד14

Today's volume was 2,280,009 shares.

Gf a total 1.18 issues traded, 525 were higher and 401 lower. American Exchange volume was 820,000 shares.

Georgia Paride

General Dynamics General Foods

General Motors Gen. Pub. U Gen. Tyre & Rutbey Getty I

Goodrich

Goodyear Tyre

Grumman Aircraft

| Stammond Organ

78

209

0172

Я2

30

181

44

co

120%

Bonds volume amounted to tryden Newport Corp.

Closin overages fluesman Rettig.

Qui Qu

1735

Hara Walker

diemeslake Aining Co

Idaho Power

#13.37

Imperial Oit

150.34

$7.96

212,21

81.45

Imperial Tabacco

Toll-Rand

Inland Steel Co.

Interchemeal Corp

future price Index 147.531nt Business Machines

Closing Prices

151) Karvester_

International Nickel

International Paper

Int Tel Tel

4923

Swissair Reports

Increased Air Freight Traffic

COMPARED with the corresponding period of

last year, the air freight traffic of Swissair has increased by 34 percent during the first six months of 1959. This proves once again that air freight is extremely expansive, as the following report reveals.

One of the most successful hossessions are ontled aboard

carried oul cargo operations

the aircraft in sinali cartons This year by Swissair was the and containers, Big Chrysler Airlift-"Opera- Hon Switzerland.” A large num- ber of corporation

executives

Jeft vend production personnel

Detroit-complete with families and household goods.

The families were those of

SA Chrysler International employees destined for Geneva and Amsterdam with the new for the corporation. Reason grent industrial exodus from the great car-production centre of Detrol was the setting up by the Company of headquar

the lers in Geneva to handle

automobile,

purchased

To avoid separating families and

mammoth

Swissair

VAD

$5,410,000,

Dow-Jones

were:

1.00 72331.03

30 Industrials"

20 rails

15 utilities

30 2014 1000 m 304%

Ferry.

153

65 stocks

781

391

40 bonds

121

200 120

Comm

412

Sinca

230 121

by Chrysler.

300

17:3

C. Ligh

Electric

18.10 18.20

1100 18.10 143238.10

Alden Ine. Acy,

374

24 24.20 5100 *** 23.90

Alcoma Stool Com.

38

Allied Chemicala

-115

Johns-Manville

Co.

301

Kaiser Industries.

10%

1000 500

24

Allled Mitta Inc.

33

24.10

Allis Chalmers

34*

Kansas C. Power & Light

$7

Kennecals Copper

30 306 1000

30.25

Am. Brake Shoe American Airline

Kimberly Clark

6012

2014 Liggett & Myers Tol, Co.

650

30 25

American

Cables & Radio

Lily Tulip

61

1333.25

Corp.

D

Lition Ind.

415

American Cyanamid Co.

512

Lockheed Alterati

284

500 371 2000 27.73

Amer. & Forgs. Power

Loewa [iseord.....

Am. Oks & Electrio

40%

Lone Star Cement Co

31

153

Lowenstein & Sons.

1715

10

82!

McDetroit J. Ray

33%

24%

McDonnell Airerati

32

Am. Natural Gas

310

American Smelting

4414

Am. Sugar llet,

American Tel & Tel American Toh.

705%

BOT

CITY LIGHTS.

751

3410

TOY

BINLEYS BANK)

142 A

INDUSTRIALS

Coment ... 371 38

STORES, ETC. Dairy XD. 19.00

Watsu!

22.30

By te beginning of August

Agar higher

1. Craw. COTTONS Textile

24% 24 80

716

500 ... 703

13 13.50 500) « 13

2000 13.17

1000 13.20 4000 13.30

MISCELLANEOUS

13.80

the much more numerous ques-r the parties to many agrees! Nanyang tions of restrictive trade agrec- ments had not decided to end

Bitish Oxygen Ltd. Ord-67% . meats, Canadian Parific Rly-$49!4 Duning Rubber Co--25% 10.

Hungkung China Gos-131. Imper

Co-78 105. Chenuentl# 61,

Unilever Ltd-330 192 cor.

Lyons

J'aper Downter Paper Corp Ord-39 cat,

Radio and Electrical

Aranclated Electrical 629. Electrion & Musicais dd. Inglish Electric Co-450. General Eletric- tha.

Shipping

Co

der

Indo-China Steam Nov und--24 kl.

P&O Steam Navigation def ord wede $150.

Starty

Great Universal Blores "A"-45 | Mark Spencer Lld Chise Ge Woulworth F. W. & Co-541 $130,

Textiles

+

Coats J&P Lids D. Caurulda Lid=425 03yd.

Stiner Anglo-American Corp of Alder-100%_td.

South

Cons Goldfields of Goth Africa --83 10.

Com. Zine Corp. Ord-031 kl. De Beers def7ds

Free State Development & lavest ment-be Ad

Hongkong Tin-45_106.

Petaling T-6

Band- dd.

Southern Kinta Cons Lic--27%.

Union Corp-754 0.

WEAL Driefontein Goldmining ITON 7140.

West Hand Cons -22 3d,

nave

2 vibro

over

them before they had to put up their defence in the Court. It i Under the 1856 Act a wide is inorcover expected that Tange of restrictive agreements, ilgh proportion of the canes Including agreements which re-now pending will not come be-1 gulate prices, conditions of sale, fore the Court. In fact the quantities and distribution of rate of aliandonment has clearly goods supplied on the home been accelerated by the tremen- market

to be registered dous effect of Judginents to date. are st about with the Registrar of Restrictive Though there Trading Agreements who is res-1.450 agreements on which no

Enction

taken. has been ponsible for bringing them be- fore the Restrictive Practices 1,050 are closely connected with cases already started and a Court for decision on whether

single judgment by the Court or not they are in the public could affect anything up to 100 interest. Those which are not so found are decinred void.

I can be claimed therefore The guiding principles in that the British method of cop-1 deciding whether agreementsing with the problem of resuie-

continue should

are twofold.tive trade agreements is work-

some Ing satisfactorily, simply, First, there should be good and substantial reason fairly to all concerned. from the public point of view for their continuance. Secondly, if there is such a reason, it should not be outweighed by darke to be caused caused or likely

to the public or these affected by the agreemcat.

Reasons justifying the con- tinuance of mestrictions In Agreements are equally clearly jaid' down. Restrictions must contor benefits as the publle in one or more of the seven ways laid dow in the Act. As benefits

Interlinked, they must looked at as a whole.

British Borneo Petroleum Syndi.and detriments may be closely

cate 495 4.

Brush Petroleum Co., Ltd-$21. Burma)-458

Royal Dutch Petroleum-£14.

Shell Transport & Trading—1418 DJ, -Beuter.

British

Interest

In U.S.

Steel Plant

Burlington, Oct. 7.

Cheaper Prices

be

For

cxample, one aspect which might be Darticularly considered is whether main- tenance of high quality may prevent production of service- able lower qualities at cheaper prices which sumę consumers may prefer.

When cases are brought be fore the Court, those responsi- ble for the restrictive agreement pro required to satisfy the Court that their restrictions are in the publle interest as defined in the Act, while the Registrar is res- porvible for setting before the

of them.

anet

Yesterday's Closing

INVESTMENTS Afied 4515 NK & FE

12

Invent.

500 10 303 19

700 19 300 2040

2000 735

2003 7,61

Am. Home Prod

Am. Mach. & PDay.

Américon Metal

| Anaconda Copper

Armen Steel

Armour

-

Allas Cons. Mming Baldwin-Lima-Bam.

Daimore & Ohio Bank of Montreal Bank of Nova Scolin Berch Life

Savers

Bell Telephone

Beneficial Finance

Benquet Cone.

Exchange Rates

Brush Cořubca Bre. British Columbia Pwr. Calif. Preking Corp. Cana. Bk. af Comm. Camphet Soup Co. Canadian Pacific R. Cane (J. 1.) Co. Cat. Tretor

407

24

Bendix Avlution Corp

Bethlehem Steet

Boeing Airplane

Borden (The) Co.

Burroughs Add Machine

Brah Amer. Ou

30

CO

40.5

207:

Landon Express Service

1874

32

28

642

402 37%

Mission Brewery

Megabi Iron Corp. Minnesoto Mining

321

143

2014

241

Monunto Chemical Co.

501%

48% | Montgomery Ward

Motorola Inc.

to

100

National Biscuit Co. National Cash Reg. "A"

521

5974

National Dairy Prod.

31

National Lead

117

National Steet Corp.

Chinese Corp.

C. I. T. Financial Corp. 5.74 Chrysler Motors 15.04 Cl Peabody

Business was done in the Inen unometal exchange market this morning at the following rates:— vs. dollars (per $1) Sterling notes iper 1) Australian notes" (per 21) Indonesian rupiah (per 100). Sta Ucals per 100) Singapore (Siraita)

12.57 Colgate-Palmolive Co.

4.05 Colombian Corbon Co. 20.00 Commerce Cress!

1.81 Consolidated Edison

COMMODITY PRICES

SUGAR

NEW YORK

Closing prices all in cents per lb.:

Contract No. 4 (world) Oct: 3.14: Jon: 19: March: 319; May: 321 July: 3.23: Sept: 221, 3.27: Jan: 1.42: Spot-11.0.0. : 3.15; Talat Seles: 205 con- contracts.

tracte: Open Interest:

Contract No. 0 (domestlo) Nuv: 60: Jan: 3.73: March: 6.56 May: 5.00; July: 550; Spot-(c.1.1. N.Y. ex-duty): 005; Total Sales: 165 contracta C Open Interert: 1.44 con tracts.UPI.

و .

RUBBER

The Phoenix Steel Corp, an-Court any, evidenco of damage

nounced today British which may result. therefrom. As prices, all in cents per 1b.: financial Interests had the one of proof los with the

parties to the

agreement they

Jan Mar

AptJJune

July/Sent

Oct/Dee

Jan/MAK

20-3-201 27%-20

271-212 General markets, CA... basis, ports: 2015-2024

Oct Nov.

Estaie crepe thin

2014-20

Oct think Del... Malg AMSTERDAM

Closing prices all in guilders per kilogram, c.i.t. Oct. All unchanged.-UPI.

METALS

NEW ORLEANS

50

Closing prices all in cents per Ib.:

Spot 3120; Oct. 3228: Doc. 32.13 March 32.30; May 238: July 22.32; Oct. 30.47: Dec. 30.47: Mar. 30.58. SAO PAULO

Deg. All unquoted.

(Closing prieca all is cruzeiro per ktio).

Average price in U.S. at 34 de- signed spot marketa: 31.71 cents.

Total sales: 40.965 kies.

LIVERPOOL

Developmeni

New York Central Norenda Mines Lid, Norfolk & Western Ry. North Amer.

Aviation Northwest Airlines Com.) Olin Mathieson Olis Elevators Owen-Ingle Glass Oxford Paper Co. Pucile Gas & Elec. Pen Amertons Airways Faramount Pictures

Parke Davis Co, Penny J. C. Co. Penn. Salt Co. Philip Morris

Pitney Bowesbla's

Procter & Gamble Co. Pittsburgh Plate Chas Publieker Industries Pure Of

Radin Corporation Raytheen

Arbolic Steel

Reynolds Meal

Royal Bank of Canada

Bears, Roebuck & Co.

Closing prices all in pence per Be Of Co 36.:

American Contract Oct./Nov.

Deo./Jan, 21.05: March/April 21.65; May/June 23.85; July/Aug. 20.45: Oct/Nov. 21.45.

- Mixed Contract Oct/Nov, 22.30: Den./Jah, 22.05; NEW YORK Closing prices, all in cents per March/Apr 23. MEY/JU 22.10

July/Aug, 21-4a; Det./Nov. 21.03. UPI.

ib.z

Lend Ool. Dec. Zine Del.

Dec. Copper Oct.

Dec

Tin D

Dec.

LONDON

$1.30

11.30

3145

30.90

30.26

Closing prices, all in sterling

NEW YORK Rex rubber

futures closing

36.70

33.06

per long ton.

3340

The spot

Buyers Sellers 7031% 20415

32.00

3-17

32.43

COUDET SPOL

32.29

3-month

79%

23142

Lead is halt Oct.

Nov.

Jan.

Mar

May

July

Sept

Nov.

Ja

100-300

177-00

100+100%

90-100

7511-001

offered it credits of $44 have the tactical advantage of million toward construc- presenting their evidence Arzt, In arriving at its decision the tion of a steel plant.

Court does not assume that enable the what is good for The loan would

SINGAPORE the man Arm to undertake the first of eroe is bad for the consumer Closing-pricca all in Siraite Zine et hair three stages in a proposed or conversely that what la good cents per Ib, 1.0.b. Malayan steel mill located on the Delu for industry is good for theporte

between hero and public. wore River

No 1 Oct. Florence."

Nov No. Oct. Phoenix did not identify the

Arguments which are com- No. 3 British interests, except to state monly put forward by the par- | No. 4.*.

101-03 that four British banie, were tes in support of their re-shout rubber unbeled

Blanket II (12

96-100 involved.

stHctions Thelude the preven-No. 1 pale wrepe sal 1101-115-1 Mr J. A. Slezò, President of ❘tion of cut-throat competition;

LONDON the company said the Joaps preservation 01% productive

Cinsing prices all in perice would locos the file to up la capacity. jencouragement of per 1b.: dabt záź to 345 milliori, Tails | more modern, methods of manu- No. 3 Fui spot ........... move would require stockholder | fakture ond modernisation of approval, Sizzo said.-UFI.

COTTON

2014

.77%

FOREION EXCHANGE

NEW YORK Closing rates:

Cumós

England officiul

30-day

$0-day New Zealand South Africa Bolghurt m W. Germeny Switzerla

Others unchanged.

LONDON

Closing t

New York Montreal

NEW YORK Chising prices all i cents per Pan

Amsterdam

plant; promotion of cooperation |

Bettlement house dormit Nov./Dec. Out/Dec.

Coornheren Frankfur Blockholm Milut Vienna Boot $733; Oct. 33. Deo, BILA (509) ↑ March, 22.09 May 13.65) July 23.59; | Zurich

Oct. 30.81; Deo, 50.01) Star, 30.08.

-1

1.06.9/10

3.5047 1,0065

7.2008 3.7047

7.0005

Safeway Stores

Samt Tieg. Paper

Schley C. Scott Paper Sinclair Oil

Smith, line & French Sogeny Mobil Oll Satar Aircraft

S

Bouth Puerto Rico Sugar Southern Co. (The

Southern Natural Gos Southern Railway (Com.§ Standard Brands Standard Oll of Cal. Standard Ot) of InG Stenderd Ol of NJ Aleep Nock Sterling Drug_Co. Stokely-Van Canip. Rione & Webter Studebaker Packard Corp. Swift & Co. Texas Co. Textron Ine Thlekol Chem. Tide Walor 011

Time Inc.

Traders Finance Tri-Conj. Warrania

Twentieth Century Fox Film Union Carbide

Union on of Cal.

Union Parifle Hallway

United Aircraft

United Froll

03/19 tied Gas Corp.

105 10/10 2.80 15/18

10.07-19.00)

18.701-13.784

110-174014

11.9. Full "B"

1.6. GyörÜm

U.R. Line Co.

R. Rubber

.A. Fineling 11.A. Steel, 1. Steel P.C.'VF' Wamer, Aron,

Waukesha Motor Westinglinuan Ale Briks Westinelinus Electric Western Union Tel. Co... West V. Pulp & Paper Winn-Dixie Storer WelworlẮK, W.) Zenitis Radio

the them to keep happy in their new homes lo stant Switzerlank, Chrysler operated a

Ardite with

and North American

Tanes. The muxvel of it all is tha: fatniles have been able to, dy from Detroit and set up housekeep- ing Switzerland-with their cquipment original furniture, and pets-all within five days!

A PRECEDENT

Creating a precedent by

Cargo ncta keep each family's effects separated and thea a huge net is dropped over the entire cnigo atid secured to

of Qe the floor

plane.

With this kind of successful curgo

under- operation. It is standable why Swissair's freight handling is consistently huerensing.

The favourable development oh the Far East route has con- iluved. Traffe has risen by 39 percent.

The upward trend of Swiss- ur's freight traffle can be ex-

to

the pected

continue in

Future second half of 1950. success is assured by faultless service, reduced raies, growing familiarity of customers with the advantages of air freight- ing and the world-wide popularily of the Swissair DC- CA cargoliner. This aircraft, with a loading capacity of ten

Alles twice tons,

weekty

York - Swjizthand - New Switzerland And is often chartered over many and vary- ig routes to transport removal goods, Facthorses; heavy spécial

fly-inschinery and other

ing Inland Swissair dispatched cargo.

four-engined DC-GA Cargo

#

liner

to Detroit Metropolian

Airport or a Tuesday. Mean-

while, vans had been

loaded

with the household goods and New Soviet

arrived to meet the cargo air-

Craft.

The

plane is loaded, with the goods of as many as four families, and weighing almost

tons. Take-of time is ten p.m. At 1 pm, the following day, the aircraft touches down at Amsterdam and at 0 pan. It reaches Geneva.

Whaling Fleet

A

NEW Soviet whaling fleat; the Sovietskaya Ukraint, will be operating in the Antarctic at the and of 1959, according to Russian

The process is then reversed, press reports. The expedi- with Swissair crews and Northton's factory ship, it is American Van Lines employees claimed, has "probably no transferring the CATHO to equal among foreign, whol- furiture vans and Initiating ing vessels.” housekeeping for the families.

The ship is clearly equipped to make full use of by-products of the whale, and has several mechanised Bnes for processing raw materials well CJ a

Swissair speeded up the transportation by introducing, a new method of packing stead of storing the household goods in huge crates, the family research laboratory.

AGREED

БО

MERCHANT RATES

MAXIMUM BELLING

Sterling

1/1 20/32

Betting

(East & South Africa & Adén)

Sterling

Weet Africa, West Indies South Amerien & Fi Rupees (India)

MİNİMUM BUYING

With confá, L/cr. Without L/Cr, 1/3 1/32

1/2 7/32

1/2 30/03

1/4 20/02..

1/3 3/0

3

23/

12 1978 0.0.

84 1/2 60 daye

1/31/18

OD.

1/3 1/8

20 days

1/3 3/18

Go days

90 days

1/1 6/72

1/3 11/32 100 days

Indirect Sterling On Demand Bils in Ethope 1/32nd higher than Lon- dm Ratas

1 1/8 b. it under L/Credit 1/3 2/15 0.0, without L/Credit

4/32 every 30 days

Q.. it under L/Credit

. with Credit

in every

84 1/10 7 & 35 days"

84 10/19 po davi

BILLS ON ADEN:

day's

under L/C 4, higher

Without L/Ci 1 higher

3/18 higher, than the rate for Bins

on Aden

T.T.

בד:. כן

17/10

90 days

0.0.

A

Rupees (Parsian Gulf Ports) Rupees (Geylon)

82 7/16

235/6 O.D.

F4

7 Be 30 days

84 7/10

Co days

04 7/8

Rupees (PakİRTAI)

52'11/16

TT

21 13/14

84 3/10

30 days

Kyats (Huhi: rung ồn) B2 3/4

64 5/8

80 y

TT

83 11/10

C.D.

# 1/10

7 & 30 days

84 1/2

no days

# 18/10 30 days

Malayan Dollar

63

5 RAB

O.D.

53 7/8

30 days

B4 1/8

80 days

V., Dollars

17 3/0

17 5/8

T

17

As. 0.0.

IT WE 2 days

37 savan 10 days

10 7/10

1783

3/4

1/7/8

Berth Atelcan Pounds

1/2 7/8

Brian França -

71.1/8

Belt Flas

(Firat calendar month free of penalty thereafter 1/18 down for och oelendar months

Canadian Dolisti

Australian Pounds

New Zealand Pounds

-W, Gerkan Deutschamarks 70·3/2

N.Buyle rates for Barling Telsarrollo Trometers and Bille, may not be qucted better than for delivery Teddy um to two months forward and thereafter st 1/32 of a parwy higher for a fur- “Uwở indische VALENZUL 19 1724 The * Türkler tiree months

forward.

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