1959-12-01 — Page 2

THE CHINA MAIL, TUESDAY, DECEMBER 1, 1959.

NZ May Change To Decimal System

COST HIGH BUT

WILL PAY

IN LONG RUN

Wellington, Nov. 30.

If the New Zealand Parliament adopts a proposal by one of its committees, Now Zealanders will be using

in about currency

decimal years' time.

REDUCED

VOLUME

IN LONDON

The

London, Nov. 30.

closed stock market

mixed today on reduced

volume.

HONGKONG STOCK EXCHANGE

by

Our Own Correspondent

Busines done at the Hoog. Jung Stuck Exchange this morn- fouring mounted to approxɔnatels $543,000. Noen quelations and the, morning's transactions:

Banks, businessmen and citi zeus are now awaiting the reac

lon of the Government to the Decimal considered

Coinage

Committee's view that a chaoge to decimal currency is desirable, The committee, appointed by the Government in March 1957, then remmended that the pre

sent 10s. be the basle upper unit with 10 lower mits to the pre- sent 1s. Thus, for example, the 106 could be known the Zea. land dollar, and th. one-leuth of a 15, or 1.2d cudd be the New Zealand cent.

Advantages

Shates Buyers Sellers Baica BANKS

1.K. Besk East Asia INSURANCES union

Lombard Waterboat,

SHIPPING

Wheelock poČKE. ETC. K. Wharf... Dock Provident Taikou

Dock

LAND, ETC. HK Hotel R.K. Lond

Hvy engineering and elec-|al coinage system were: trical équipament wer strong The simplicity of decimals BURGER spots in the industrial 1st re- compared with pounds, shillings Amade.

flecting prospects of intreated and penev procaction of capital Lading store shares were lower. A number of bine

lest grounÌ.

chips

Gold stocks were quietly firm Coppers were lower.

Oils made a good showing on 4 Arcounting news of reviving confidener

the industry.

Gill-edged government

ties drifted lower.

Greeks were Brun in

Dollar

bund

lagher, ---- UPI..

In

machinery Vaunut should be less natly and with (6) Light modern electronic machines ge- securi-counting processes will be speed- Elecide

stucks

foreign Were

rd up.

SMIT

173

BJ

20 fo

[0329)

B35

A 2000 5.35

2000 + 5.53

142

144

$0

100 + 58

200 & 30

15 15.00

BRL

15 A

9

600913.75

25.40

NEW YORK STOCKS END MONTH IN BURST OF STRENGTH

New York, Nov. 30.

The month of November ended in a burst of strength on the stock market

on Monday with sales for the year to date crossing the entire year of 1958 to a new high since 1980.

Cerral Motors

Gen Fab. 17915. Gen Tyre & Rubber 10018 Petty Of 380 11 rikkides Co.

Electronics provided the Dow Jones losing averages General Foode blueret gains. But of more were: sisaldeance to the market com-

30 direz munity WAD 0 renewal of 23 TAH strength In the recent laggard, iš ils and oils. These groups moved up substantially.

Bac chips leadership tonk Dyer with such

Blocks RA

General Eletric, International | Bariness Muchines, Eastman)

65 stock 43 bonde

es

Commu. Future price index

Kodak, Allled Chemical, West-Abitibi Pwr, & Paper

it house Electric, Standard Oil Alden Inc. Ary. (NJ).

Texico,

Norfulk

Western, Minnesota Mining

strong.

The Inst

at its best,

howed a gain of $8 a shuire,

Gains Range

The rise added $2.4 billion to the valuation of all Hated

Goins shares.

which added this total ranged to $7.53 Motorola Ralfroad issues ias much as $2 a share la folk Western. Electronics the

advances wide

* Motorola.

Algina Steel Corp.

Allied Chemicals

Alked Milts Inc.

Allie Chakeri

Am Brake Shoe

American Air Radio Carp.

American Cable &

American Cyanamid Co.

Amer. & For Power

Am. Gas & Favetric

Am. Home Prod

Am. Mach & dry. American Metai

Am. Natural Gas

hade Copper

Armin Steel ArmoUT

$1 rose jer more Aluminiums were

Chemicals had gains running

21423 to $2.75

16.50

213.00 Surich IB.F. Co.

Goldyear Tyre 1 Gramion Airenti 151.41

Hammond Organ

[Heydon Newport Corp.

ica Walker

116terchemical Corp.

1:09

international__Paper

Skins Manville Co.

12.

COMPUTERS AID CONTROL OF AIR TRAFFIC

THE

n

US. Federal Aviation Administration has put into service at the Indianapolis airport chain of control tower the fourth link in electronic calculating-machines destined to form a nationwide network of air traffic control informa- tion.

The calculators send, receive,

and Interpret automatically.

information concerning air trafic Synthetic Rubber

at the arields or between the

fields connected in the network.

The airports of Pittsburgh, Washington, and Cleveland are

ntrendy equipped with the au-

tomatic calculators, the western

For Jet Tyres

Atlantic City, Nov. 30. CYNTHETIC rubber has

part of the country is to have IS boon qualified for use

them in two years. and the central part by 1965. When the system is in full effect, all these airports will exchange automa- tically the vital fight Informa- tion which until now has had to bo handled by human "controllerE.

Closing Prices

Homestake Mining Co.

411

Hammten Refrig

# 3914

Idaho Power

43

mperial Oil

30:5

Ingerpoll-Ind

4817

Inland Steel Cr.

마

391,

Jet Briness Machines

4147

Itumpliry Really

1 10

13.73

14

24ternationai

10413

I said that the mai vantages of adoption of a decim

...

5090 a 13 la

Realty lit

125

11 TLC!

High Int'l Tel & Tel

3026

590 11.5!

Kaiser Industries

14

SERUM + 12¢

Kama G. Power & Light

107

Kennecott Capper

1.65

**

500 3.85 2745365

4312

Kimberly Clark

2416

Lingett Myers Tob. Co

го

Tu

Lay Tully

10

goods.

• 2 Deemal coinage is eaNUE to trach and learn. niso 3 In all calculations.

writ be a saving of time effort durmig school years :throughout life,

5000 or 3.03 500 5.70

in

American melting

Istion Ind.

1442

there

TAL and UTILFINE

A. Tawal

4.30

Sangala

J.35

Am. Bugar Bel, age rose American Tel & Tei Nor-Amertean Teb.

275

Lockheed Aircraft

3221

115

Loews Inc.

106?

6311

Lowenstein & Sen.

Lone Star Cement Co.

14

McDermott J. Ray

31

with

30

McDonnell Ajrerán

-34%

Star Ferry

133

* 28 +

Coppers

120 128

50

209,

1000 kr 200

as much as $50

a share

1:3 FA

Asbestos Corp. Allas Cons. Minteg Dalwin Lima-Farms.

2014

Merabi Iron Corp.

34

B

Minesota Minkig

109

161?

Mission Development

23.19

Falimare & Olio

Monsanto Chemical Co.

500

2017

100

24 10

Reynolits Metals.

Tank of Montreal

57b

Montgomery Ward

31

Batik of Nova Scotia

7014

Motorola Inc.

1812

D4

24 B9

100 24.50I

Bell Telephone

Beech Life Savers

132

National Biscuit Co,

423

National Cash Reg. "A

tid

Allied

Breiicial Finance

National Dairy Prod.

40%

n

Bendix Aviation Corp Penguel Cunn.

70% National LeaBİ

13%

10915 AUS

451%

Norfolk & Weriera Ry.

A3

Iturroughs Add Machine

North Amer. Aviation

British Amer. On

331%

Northwest Airlines (Com)

532%

British Columbia Eles.

30%

Olin Mathieson

Calif. Pasking Corp.

GO

Otis Eleva{OTH

767%

Owen-jiinots Gines

100

M

51%

Oxford per Co.

61

Peele Gas & The

20%

Pan Amerlenn Лігиву

2216

Part Pictures

$125

Parke Davin Co.

40

Penny J. C. Co.

29

0415

Treler & Gamble Co.

2014

Publicker Industries

3

7242

AFP

7178

781%

Sears, Roebuck & Co.

403-

Shell Oll Co.

779%

41

Safeway Stores

944 Saint Reg. Paper

2044

French

Closing Prices

Bisataft **

Guttedged nonda

Trekport 2. 1973/

Couls 2 - £?] + 15/16.

L'obversion

159-3/16.

Funding

แ

1,924

Fanding Strack

Fund

E-

#

3. 1999/20014.

bah 4. DGD/IN

was extrie Bonus 27.40

Excelne jɛ 13,40 13.50

11.20

30 20

The only significant disadvant- age the committee fount that a decimal system had less divisibility than the present one. Macao F.

Triephone That is, 12 and 240 have more, factors than 10 and 100, which, connects pounds, shillings pance closer to present weights INDUSTRIALS

and

Cement

... 38

20.30

1 shar in 1114 v 1355 (Chemical; alrerally to $2.55

3261340 Bendix; Tobaccos to nearly $2

4000 or 30

1003025 205 30 435 30

ית זו ה10

Jocu

in Philip Morris; oils to $2 or more in Amerada, Gulf, and Texas Co specialties to $4.50 in Corning Glass and Minesota Mining

failed to

par

Some jasures 20 2020 100 - 20.30.

Beipate in the upturn, including 100 20.30 4002020 the

still under luding steels, the

the labour domination of 625.30

situation. Chrysler Jost grund because of closing of its plants for lack of steel.

and measures,

"Initially a change to dreimal. ¦ Sr0nES, ETC. 1859/could cause some confusion, but Dairy

with proper danning this can be {overovane,” Kotes the report, Watson

The cost of the change will be Lane. Craw 20.30

it will be small incorTONS high but relation le the national income Textiles.... and will be offset in the long Nanyang run by fultire econonties.”

Sayang 2, 195576+- £??^, Savings 3., 1991/H £81-7/16,

Savunes 3. 1265790 LIST

BARKE

mclays Bank "A" Ltd ord--Gja

Chartered Bank 34, 94

Hongkong C371..

Insurance

Union Inмarance Canton -£5-3/16 Alectati and Motors

Fish Matur

Ord--21

Ford Motor Ca- 196% 10. Hooles Ltd A-10. Standard 1. supla Intermatiu va)— A1r

Breweries

Da tallers Co - 33%.

Buliding and Materiala

Associated Purtiend

10.

Cement -71

Pineda Johnson Amociutes Ord- 27 40.

Coal, Steel and Engineering Halwork & Wilcox Lid -44% d. Vakers Ltd-19 790

Food and Tobacco

British Anetten Tab

테! 하게

Co. 1--

Final Tobuzgo Co., 14e-005.

Miscellaneou Hidman Marden Lid-3% 100 1. 7.34 L'anadian Dunlop Etuhber Co-is 10d Hongkong & Ching · GAP-134, Ineral Chemtai-44 Ki Lyons & Co-3 d.

Unlever LW-125 4160.

Basal and Electrical

l'aur: Corp Ord-65.

Avocated Electrics- Electrical & Musical--739 Gal. Engi Electric C-45% ki, Genral Electric—44,

Shopping Indo-Chun Steam Nov. Co. Del old-32M!)

Steam Navigation def ord -139 g.

KLOTTE

Great Universal Stores "A"-51% Marks & Spencer Ltd--739. Woolworth F. W&Cumblr.

Textiles

Coats J&P Lúc Hd. Courtaulds LED-MA.

Mines

Anglo-American Cory of Sout Africa-2039 d.

Cons Goldfields of South Africa- MV ]14d

Con Zine Corp. Ord-70s 750. De Beers def-107 1. Free State Development & invest

Jonghong Tin-6 1150.

Petaling Pineta ssd.

Union Corp=770 71id.

Vicet

XYZ BU

Kints Cons Ltd-dis. Driefontein Goldmining--

West Rand Don 21.

Petroleum Co.. d-530

British

..

Burmah 463 d.

Royal Dutch Petroleum-£16, Shell Transport & Trading--145. -Neuter.

New York

Sugar Market

New York, Nov. 30.

Benefits

The committee considered that the benefits of decimal coinage far outweigh long and short-term disadvantages. It would be the first major step in the direction of decimalisation generally and, if adopted. they recommended an inquiry into the desirability of a change to dreimal weight mr measures.

The committee forecast, bow- ever, that the 10s unit, with 10| lower units to the is, would lead to a small initial increase in the communers' price index becaid of the fractional price increases i for some commodities.

"With a completely new upper unit a new name should be coin- ed for it," the report said. "This should be short, simple and it possible distinctively associated with New Zealand.

The 1s, at its unchanged value, would remain and legislation should specify that one-tenth of the upper unit would continue

to be known as the shilling.

The Cost

3.70 1000 160

14.03

INVESTMENTS

Int.

Aliter

1.83

2014 50

1909 GLI |

1000 14.70 460 14.00

6.40 1000 6.30

Exchange Rates

21 was done in the until exchange market morning at the following rates:

V.S. Collars (per $1) ... ... ... ... ... ... ... .... String totea (per £1 Australian hotel per #1 Indonesian rupiah (per 1001 Sam teals per 100 Smapore (Stats)

Yesterday's

Incal [!!

5.60

15.03

12.49

2.50

1.70

Tobaccos muved higher after the drop in the previous sessien on further cancer talk. Monday's strength reflected record 00:1- in Sep- sumption of cigarettes tember,

Volume

Today's volume was 3,670,000 shares.

Of a total 1,242 shares traded, 669 were higher and 360 lower,

American Exchange volume was 1,510,000 shares.

Closing

Honda volume amounted $8,270,000.

Bethlehem Steel Boeing Airplane Borden The) Co.

Cana. Bk. of Comm. Campbell Soup Co. Canadian Pacific R. Case (J. J. Co. Cat. Tractor Celanese Corp C... Financial Corp. Chrysler Motors Cluest Peabody Colgate Palmolive Co.

Colombian Cartoon Co. Conusercial Credit Consolidated Edison

Continental Oil of Dci. Crane (9. Crown Zellerbach Cuban Amer, Sugar Diamond Alkalt Diamont Gard Dailers-Sespromis Douglas Alrecaft Dow Chemical Dupont de Nemiata Eastern Air Line Eastman Konink

El Paso Natural Gas

Family Finance Corp.

Firestone Tyre & Rubber First Nat. Cily Bank Ford Motor Georgia Pacifle General Dynamics General Electric

COMMODITY PRICES

SUGAR

NEW YORK Closing prices all

In

cents

It estimated the cost of the machines at change-over for

£3,500,000 for partial conver- per lb. sion, and £4,500,000 for full conversion

Contract No. 4 (world) Jan: 3.30; March; 108: May: 2.10:

Oct: the proposed July: 3.13; Sept: 3.10;

Jan: 327 Mar: 327 Spol-(fo.b. Cuba: 2.06.

of

Commenting on change, the Evening Post, a lead- ing Wellington newspaper sald in an editorial: "It can be ac- cepted that the introduction decimal coinage will hold mare appeal for commercial and bus)- ness interests generally than for members of the public who sec no great disadvantages In fe

1

| present units of currency, But

The committer has made weighty case in favour of move.

(he

In Auckland the New Zealand Herald said: "If rationalisation of the currency be needed, then decimal coinage is probably the answer. It is eminently practic-

3.17:

per kilogram, c.l.f. December:

No. 1 rubber

No. 2 ribber rulabet

No.

No, следие

3.30 nom.

3.23 on. 3.20 nom. 3.83 KRITT.. -UTI

METALS

NEW YORK

Closing prices, all in cents per

lb.:

Lead

Der

11.2

Jon,

Ex-

Zine

Det

13.25

Jan.

11.20

Copper Des

Jan

21.00-23 30.71

Total Sales: 73 contracts, Open interest: 8.230 contracts. Contract No. (domestic) Jan: 5.70; March: 5.63: May: 5.63; July: 5.10: Spot (CLE, NY. duty): 5.88.

Total Sales: Bi contracts.

Open interest: 1,100 contracta.

-UPI..

RUBBER

NEW YORK Rex rubber futures closing

able and sensible. At the same prices, all in cents per lb.

tima traditiunalists would lament

the change. The present system

of pounds, shillings and pence, they argue, has the merit of in- dividuality; the decimal system deponds

those daraned dots."

vn

Quiet Period

Jen

March May

Juty Sept. Nov. Jon

40,55

07 ду

30.76 36,40

30.00

35.00

SINGAPORE Clusing prices all in Strate cents per 16. Lob. Malayan poris. No. 1 Dec,

Jan. If and when the recommenda-

No. 2 Dec. tions of the decimal coinage No. 3 Dec. committee are adopted by the No. Dee. Government, the new coinage Spot rubber unbaled

Blanket onepe would come into operation on No. 1 sale crepe. 2 to 6 points higher with sales the second Monday in July

LONDON three-and-a-half yoors later,

Closing prices all in pence per

World No. 4 Bugar futures to- day closed 1 to 2 points higher with sales of 73 contracts.

Domestic No. 0 sugar closet

of one contract.

A

Limited dealings featured lack of aggressive selling while traders awaited Cuban develop ments und news from the raw markel.

Trade sources expected Moroc co to enter the market this week for 22,000 tone bf raws, Ceylon also is scheduled' to buy two cangocy of raws next work while

119-1015

917-11634 118-130 116-11744 314-125

123-120 112-414 103-130

LONDON

Closing prices, all in sterling

Titi pol

3-montir

American Contract

Dee Jan.

25%

National Steel

New York Com Corp.

Central

Norenda Mines 144.

Penny, Salt Co.

Philla Morris

Pitney Bowes

Pure O! .....

Radle Corporation Radio Corp. Prol. Haytheon Republie Steek,

(17% Reyreids Metal

5222088 2 6 2 6 8 3 3 6 6 X

Royal Bank of Canada

Schenley Inc.

334 Scott Paper

Sinclair O11

Smith, Klin

Socony Mobil On

Solar Alteraft ........

South Puerto Rico Sugar

more

in the tyres af high speed jat aircraft, the Goodyear Tyre and Rubber Company said today.

for

* In

paper prepared mechanical engineers, Mias Leora Straka, Goodyear re search librarian, said:

At Indianapolis airport, for

than example,

9,000 information bands" have had

"Ekonomic as well 03 selen- They to be prepared by hand.

stimulated ne research have must contain such information

Interest in Anding a satisfactory on fights in progress as the

substitute for natural rubbacт. Identity of the plane, its speed,

Alme only Until the present altitude, roule, and positions.

The machines that are taking natural rubber has been enla

factory for heavy duty tyres for over this complented tank are

And lorries, buscs,

acroplanes the "650" and the "Ramac

where heat buildup is a major 650, made by the International

factor. Then too, in addition Business Machines Company.

to the fact that a world-wide These machines integrate the

fas shortage of tree rubber Information they receive with a

been forecast for 1960, every "memory" system of stored in-

permanently avail- effort is being made to attain formation

locations of independence of importet rub- able, such as the

beacons, ber in the interests of national 129uirfields and radio

reference tables, and a complete defence-China Mall Special. list of aircraft fight plans in-

*

cluding those being prepared.

The information is sorted out Santa Claus Fleet

Butomatically and the results are

71 transmitted to other airports.-

The Aircraft

*Of Tomorrow

406

20

Southern Co.

(The)

40%

Southern Natural Gas

Southern Railway (Com.)

K1

Standard Вгадия

47

VEP

12'6

joa

Standard Ol of Cal. Standard Oil of Ind. Standard Oil of NJ, Sleel Co. of Canada Steeb Rock...... Sterling Drug Co. Stokely-Von Camp, Studebaker Parkari Corp. Sunshine Mining

Swift & Co

Texas Co.

Textmn Inc.

Tokol Chem.

Tide Water DI

Time Inc.

Tri-Con. Warrants

Twentieth Century Fax Film

Union Carbide ...

Una O of Cal

Union Pacte Railway

United Aircraft

Untied Frutt

United Gas Corp.

Mar/Apr. May/June

July/AuR.

Oct/Nov.

Mixed Contract

Dec/Jon

Mar/Apr.

21,31

V.9. Gypsum

May/June

US. Line Co.

July/Au

22.00

7.5. Rubber

Oct/Nov.

22.00

US. Smelting

V.B. Steel

SAO PAULO

Closing prices all in cruzeiro per kilo:

All unquoted.

Average price In V.S. At 14 designated spot marketo: 31.07 cents.

Total sales; 206.877 bales.

per long lon.

Buyers Selier s

792

789

700

Copper spot

23516

238

3-month

-2222

Lead 2nd half

7027

Feb.

712

Zine and half Noy

Teb

BO

0014

Closing rates:

Canada

England official

13

**

30-days

COTTON

13-10-11

--UPL

FOREIGN EXCHANGE

NEW YORK

unofficial

i-clays

Australia

New Zealand South Africa

Belgium Denmark Учалое

W. Germany Holland Norway Sweden Switzerlandh

India Pakistan Lengkong

1.05 7/10 2.2015 2.80-2.02

2.8636

U.S. Foll "D"

U.S. Steel 7 P.C. PF Warner Bros..... Waukesha Motors Westinghouse Air Brake Westinghonse Electrie Western Union Tel. Co, West Va. Pulp & Paper Winn-Dixie Stores Woolworth (K. W.) Zenith Rodio

TOW

#

Arriving In London

London, Nov. 30. "SANTA CLAUS” fleet of cargo ships has bo- gun arriving in London with the first of the nation's Christmas fare from over-

Montreal, Nov. 30. THE airplane of tomor- scar. wifi fly at

The pari's 27,000 dockers ar tocad three times greater in their busiest werk of the

the 32% than

rate of sound vcur unloading fresh and dried (about

2.000 miles an fruits, nuts, Wines, spirits, and house), will have a radius of badly-needed butter.

of action

about 4,500 The Christanus Cargo shipa miles and will travel at a brought 1,850 tons of currants from cruising altitude of about 260 tons of sultanas

Turkey, 000 tons of wines, spirits 55.000 to 75.000 feet, а

and walnut frem Bordeaux, study made by the Inter-France, 570 tors cf Ee nuts national Civil Aviation Or- from Mairas, India, £3 tons of canned oranges from Yokohama, 23ganisation (ICAO)

Japah, 137 tens of wines and 57 tons of nuts from Yugoslavia,

eded.

141%

reveal

couver.

According to the study, trans- 700 boxea of oranges from Van-

at such an sonle detonations altitude would cause no damage

on the ground.

Some 4,300 tons of bulter are coming ships from New Zea

The ICAO study was based land, Australia and Argentina.

on answers from the 74 mem-China Mail Special.

ber nations

to hypothetical

questions on the nature and

2911 conditions of exploitation of a Comet Fleet For

ידט

140%

future supersonic plane.

The

study indicated the plane will

48 probably have a long, tapering Defence Forces

2936

10

CHICAGO GRAIN

MARKET

fuselage, shortish wings, a duck- We rudder placed near the nose

New York, Nov. 30.

JEWSWEEK

pcried

magazino that

re- the

NE the rear as

today

forth- Government's

British coming White Paper on den fence will

pur propose the chasing of a fleet of 50 Comet IV jets.

of the plane, and an engine 45% placed as far in

possible. The cabin will be made largely of oxydised steel or of titanium. The weight will probably range from 20 to 270 tons and the plane will have a capacity of 70 to 180 passengers. The plane is expected to cost between $14 and $20 million, | able of transpor Ung but it is estimated that it used | Brilleh

8 to 0 hours a day, the plane

will have the same passenger

Closing prices all in cents per capacity that three planes have bushel:

Wheat No. 2. red

Spot

Dec. High

Low

Close

190-2001 190 DDTIL 39014-15

Merch

May

July

20034-Jh 10042-4

today.

SLOW DOWN

These planes would be cap-

the de Army's strategic fence forces anywhere in the world in 10 hours.

The magazine's "Periscope" Ecction

reported under London dateline: "These forces would be built up lo three stationed in the divisions, all

'úte UK, Sxcept for a small brigade brood in Kenya."

NY-London Record

To reduce the inconveniences caused by trans-sonic detonation, the plune will have to fly at a upced less than sound until Reuter. reaches an altitude of 30,000 fect in the same way, in order to land the plane will have to slow down before it reaches this allitude and then remain at a aub-sonic speed until landing.

In the course of a fairly direct. 13112

'aight from east to weet, the 12-135 plane will overtake the sun, and passengers will arrive at their destination at a Jocal time 704% which will be one hour earlier

than the local time of their de 210h 216-218 parure. ERZIG

time that The

PASIngles 32414-238

apend between arriving at the 22016-1

town ale-terminal and leaving the airport will be approximate- ly equal to the time that the plarie takes to cross the Atlanile.

AFP.

28008

23410

2,7023

23055

109

0000

Sept.

18374

NEW YORK Closing prices all in

unclenged

Cem No. 2, yellow

cents

pot

per b

Dec.

110-14

Spot

5 nom.

Marchi

22414-

Dec.

17.06

May

11534

Star

July

IBR

May

35.21

35.78

2103 2103

Sept.

113

July Oct

30.01

unchanged

Iye

Dec.

30.90

31.10

LONDON

Mar.

391-33

NEW ORLEANS Closing prices all per lb.:

Onio

In cents

Closing rates.

Doc.

New York

2.001-2.8014

Mar.

Jan/Maryh

3314-3317

Spot

31.16 дом.

2.052-265

Dec.

Endle

unchapad 19074

Boybeans, No. 2, yellow

Spoi,

Nov.

July/Sept

301 302

Mar

83.10

Copenhagen Frankfurt

undhangad

Jan

110094 1.005%

March

Chenend markeis, ei.t. bani, ports

Judy

Laption

unchanged

Oct.

38,90

July

Dec.

Patie

31.02

Harley

Inin Dec.

LIVERPOOL

Stockhol

'Thick Dec.

AMSTERDAM

Closing prices all in peace hich

1733-1738 uwelanged

Spot

110-130

New York Kour

UPL

쓰

July has been chosen because 11 | 16.

is normally quiet period for the No. 1 has spot banks.--China Mail Special.

Agreed Merchant Rates

Canadian Dollars. Maximum

Colombis expected to buy Sellinen 1014; 2äkimaan. Baying

5,000 tons of réðred-UPI.

10% T/T, 16-13/18 0/D.

T

Settlement house term:

Apr1/Juhe

Qot Dec.

Dod. ***

¿Estate pro

Closing prices all in guilders per

+

00

London, Nov. 30.

A BORING 70 airliner broke the westleast trans- Atlantic commercial plane record on

Monday by flying from New York to London in 5 Hours 27 minutes.

The Fan Alperican plane beat the old record also held by a Boeing by three minutes,

The plane, commanded by Captain John Itandali, picked up a 100 mph tall wind when 29,000 fest above the Atlantic.

Its average spood wia 040 rubhum