1960-01-07 — Page 2

THE CHINA MAIL THURSDAY, JANUARY 7, 1960,

THE YEAR OF TAKE-OVERS

London 1959 has been

closes kind to

New York closes lower

lower the opportunist despite early

London, Jan. 6. Ilustrial issues suffered a

widespread decline on the Stock Exchange today.

Brekers attributed the side le a combination of profit-taking a crire by investors to ant huld rie in halk fater

petting a possible

Government bouds steadied

somea ant, although short-term- kes shed fractions.

in Kolle 65 rdviuired sympathy with quotations at

evious Lesions of treais Atlantic changes,

Gert Mares dritted, coppers all art oits rarited after

The Huperini Tres Burdan- Irial .: 331 6, down 64

Closing prices

Butch Vareport

Consels

Consede

stered Bands

1977/0

-£48

3

I' IHUO

Lueti

Converzier

£51-7/15.

Funding

CR-706

Funding Stock 3, 168/7

471

Finding Laar 4. 196 »! --£ 1+3 Saving . 1965/09-- LR

Savings 3 1000/770 £72-16 Savings are. 19/15--276-9/16

Kanke

Harley's Bank "A" tad pr—124 Chatered Benk-1 d. 10groog-01 cur.

Inchcaner Irantee

Union 45-02

Britch Motor Co 4d.

Alterate and Motors

By ALEXANDER THOMSON

recoveries British aviation

New York, Jan. 6.

Stocks snapped back from their early lows today but still finished on the

downside. Trading was moderately active.

YES, 1959 has been a vintage year in mise, dropped to their tows of

Calif, Packing *Corp. Cona, nt, of Cumani.

Catu. Brewers

Campbell Soup Co.

Prices epered narrow and Disnugh Add Machine

the aesslon, and they met sap- the millions game.. In + money-pori which lifted some stocks

to the plus side. sense, there has

been navor making anything quite like this one for excite manits and high opportunities.

It started with the greatest lime bate of all lake-over

round the British raging Aluminium Co.

F And there has hardly been

Jet-up ever since.

a man

These affairs are the high spots of a year which share Prices have spined by 25,000 reillion, and forks have been made by the rhrewd and fore-

hted. I know

who put £230,000 into Steel shares just about a year ago. He took the view that the Tories would win the Election, and blow sky high the threat of another Stale grab

t th v.tan industry.

The Tories won. Steel shares browned .17 never before. My Irland's

worth £250,000 £325,000 or more now,

Clear profit

ma

NOTHER

burrowed £3,000 bank to set up an Ivompany.

1

know from a investment

The company was really him- Canton, self. He used the £3.000 loan to buy steet shares, too. Recent- Oud-23sly, he was able to sell out with a clear pront of £4,500

avilanit Aircraft-27 47. Motor Co-der, 4920 funker Buldricy Group (it's the Routes --111 Standard Trumpli imematea|==

11: d

10

carrie

Distillers Co-IN 7

Building and Matrelaty

Tertad teachi--15 Aksolated

Pinehin Jolition Associates Ord- 30% prd.

Cal. Steel shd Engineering

Babcock & Wilens Lid-tista. United Stee)04.

Vickery Ltd- 34

ed.

Fod and Tobates

British American Tuh. Ch. Lid-

stal

Tobacco Co., Lid-70s

MOUS

Hourdman Marden Ltd- fet

ritis Oxygen Lid Ord-d.

has been for

a fet of shrewd

was when

he

mode n

Ils most dramatic appearance £21 millon bid for the Walney Mann brewery giant

It threw the whole brewery world into confusion. Here was an outsider trying to storm his way th. It must not be allowed to happen."

Watney shares shot up in the Flock market to more thank Clore was prepared to pay for them, and he pulled out

And Me Clore? He turned his attention elsewhere. He became the

by Queen's Silversmith, bidding for Mappin instead.

The carly hesitancy reflected

a boost in the rate on leans to brokers and dealers by New York City banks. This was mean

General

D.T

Cie (5. fì cơ.

Tractar

Celaneus Curp.

Chase Mana. Bank

Pamount Pictures

Parke Davia Co

D4

291

451

138; Ponn. Salt Ca, vege

371

Penny J. C. es..... Philip Morris

120

Canadian Faelfie Ni.

2441

Pitney Bowes ...

-

Palaburgh Plate Glass

Procter & Gamble Co.

294

Raded Corp. Pref.

ca. Radio Corporation

70%

Raytheon

324

Hejnablle Steel

81

Reynolds Meist

20%

41

Royal Bank of Canora

79

Safeway Glojes

Saint Reg. Paper

60

Schenley Inc.

Scoli Paper

36

Scars, Roebuck & Cu,

$61

Shell Oil Co.

Sm., Kline & French

Chrysler Motor

Clunts Pea taodiy

to foreshadow a posible. 1. T. Financial Corp. boost in the prime rate,"

Dare featured the Colgate-Palmolive Ca. Colombian Carbon Co. comchack with a rise of more Commercial Credit thaa six points following

Consolidated. Edison

for-one stock split. nouncement of a proposed four-sumers Clas

Coprolidated PROST Conunenial of Del. Commos Imperial Mila Crane Co. ............ Crown Zellerbach Caban Anier, Sugar

NEW RECORD

This was the second time

the past four sessions that prices fell back after reaching new re- cord highs.

American Motors climbed nearly two points in an wise easier auto section Chrysler dropped a point.

Ratls, mainstays of the vious ressiom this week, drop- Webped back as much as three points And later the Crown in Norfolk & Western. jeweller, by adding Garrard & other carriers eased fractions.

issues steel The revived of Regent Street, Co..

Buffered a setback of as much interests.

Granite points in We also had high drama of 1 2

others were a more menacing

the Eteel, while kind,

from fractions to a point. Harry Jasper affair.

Today's volume was 3,730,000 Harry Jasper, o 64-year-old

shares with a three-roomed financier office near the Stock Exchange, figured in a series of spectacular Lako-over deals.

to his

Ifts biggest was a £7.000,000 the Lalang Invest- uner for ments properly concern owning London's Dolphin Square block

of flats

wartime

Mr Max Joseph, a That is the sort of year 1959 lance-corporal who had become a West-End hotel and property

held control with tycoon. friends.

then

en and womru. You must no: erliicine for doing to well. They took a chance on the big chances that were wide open for anyone.

Then there were the lucky folk who found large pronts falling into their laps like ripe apples.

were

And even luckier those who to fortunate enough have shares in companies for which the bly take-over battles broke oul.

They sold out for £3,500,000. making a prolt variously est. mated at between £1,000,000 and £2,000,000.

A halt

#YSTERIOUSLY,

word

I began to get around that group

M

the Jasper roise

out other

Of a total 1,200 issues traded, 430 were higher and 10 lower.

American Exchange volume was 1,520,000 shares.

Bonds volume amounted $1,230,000.

Closing prices

Abiti Per & Paper Aldes Inc. Acy..

Diamond Alkali Diamond Gard Distillers-Seagrams Dominion Stores

Douglas Alverafi Dow Chemical

Dupont de Nemours

Eastern Air Line

Erstman Kodak

General Becirle

Imperial O!

Imperial Tobacco

Ingersoll-Rand

# 39 Int'l Business Machines

Inland Stel Co.

Sinclair 011......

Sucony Mobil Di

Soler Aircraft

South Purito Hico Sugar Southern Co.

319 Souincin Railway (Com)

Waukesha Mature

414

19

3014

has year

of

solid achievement

THE

THE last of the 1950s proved to be an eventful Aircraft Industry. year for the British Industry/Government policy was its main theme: the words rationalisation and nutionalisation were bandied about freely until the latter half of the year when a series of important mergers did much to determine the Industry's future structure.

In January it became known [ Meanwhile, various Industry that during 1958 the industry leaders Lord Kindersley, Lotil hat bit the export jackpot with Knollys, Sir Reginald Verdon- £154 mililon, an increase of Smith, W. E. Nixon and others 33 per cent over the previoushad been stressing the vital reerd. Yet by the end of 1959 | need of government support for: when an eleven monthly total the Industry. Early in the year of £140%

BD- million was

thero WIE 0 Dowty/Rotol 12 nounced, it was clear that yet integration: In July, Westland and Saunders-Roe merged their another record was ilkely.

In February there was bact helicopter Interests and

Siddeley news from Canada. The super. August the Hawker sonic Arrow project and its Group look over Folland, 30 powerplant, the leoquals, were brought to 18 the number

cancelled by the government. companies

at Ironically,

home Supersonle Transport Committee made its mendations

known

73

recom-

This of which had, in the

the past 20 months, been concerned Alrcraft with mergers, amalgamations

or associations. to the In September, the main governmen! in April, The points of the Society's policy Committee favoured two alr-memorandum to the KOVETA- Iners, one for short stages and ment was made known. "One of

lis cornerstones was the need the other for long. The S.B.A.C. favoured the supersonic airliner for a governmental "focus

the authority", and this was forth- in principle but stressed 'need for continued all-out coming

Duncan Sandys, in et effort in

Held. Minister of Aviation, after this tho subsonic 521. Great Britain's space plans

General Election in October. Announced

May The new Minister at once started Industry

puit

on atsiks with Industry leaders and 42 lively show at the Paris Air he met the SBA.C. Council in December, the mosth during Salon in June.

which the Hawker Sickintor Group proposed mergers Blackburn and de

(The

Standard Drands,

other- where

Bouthern Natural Cas

Sunine Mining

Standard Ol of Cel

434

Standard a et Ind.

Pre

Standard Oil of NJ.

El Pew Natural Gas Family Finance Carp

5 Steel Co. nt Caflair

Most

Firestone Tyre & Rubber First Na City, Biank..

Freep Rick

139

Sterling Drug Co.

5119

Stone & Webster

Ford Motor ta. of

Сапа

130

Studebaker-Parkardt Corp.

Ford Mot

Swift Co.

49%

General Dynamics

Техия Со

EMILY

Textron Ine.

City

General Food

10094

Thickel Chen

General Motors

551t

off

Oen, Pub. ÜLL

Time

Tide Water

Oil

24

Gen. Tire & Rubber

Traders Finance

374

Georgia Pacifie

Getty Oil

IMA

Tri-Cunt.

Warrnos

Glidden C

43

Twentieth Century For Firm

Goodach (B. F.1 Co.

Union DU of Cai.

United Frut

31

Goodyear Tyre

Grumman Alterofl

United Gan_turp,

Us. Fou "B"

Gutt Oll

Hammond Organ

U.S. Gypsum

Jevden Newport Corp.

1874

US. Line Co.

28

10

Hiram Walker

M

U.S. Rubber

6312

Homestike Mining Co

4214

US, Smelting

Henan Netria."

ath

U.S. Steel 7 "P.C. PY

1400

Idaho Power

ABA

U.S. Ster!

Warner Brow....

117

5912

44177

EU

4914

LUPA

41

30

1091%

24

13614

Amer. & Forgh. Power

37

Johns Manville Co

40

10

Kaiser Industries

181

All. Home Prod.

114

Kravas C. Power & Light

44

American Cable & Radio

Kannenti Copper

Corp.

Clark

Ain. Mach. & Fdry.

An Natural Gas

60

LIY Tulip

Am. Sugar Net.

20%

Lation Ind.

American Smelting

American Cyanenld Co.

572%

Lockheed Aircraft

331

Low Incorp.

014

Lone Star Cement Co.

107/

677

201

Ray

331

Mesabi Iron Corp.

Minnesots Maing

Ind

Mision Tevelopment Molson

731%

Moranto Chemical Co.

62*

My Word

4296

Northwest Airline

(Cam.

North Amer, Avindun

31

3512

Norfolk & Western By.

10211

June.

431%

Motorola Inc.

2316

National Biscuit Co.

541%

T

National Cash Neg. "A"

06%

Benguet Cone.

DER

Nrtical Lead

10%

Benith Radio

110

National Steel Com

MA

|

567

New York Central

poeng Airplane

21-2

Olin Mathieson

Borden (The) Co.

Otis Elevators

Brits Columbia Fire,

22312

British Cofundla Pwr.

107%

Algoma Biel Corp. Allied Cheviticula Alted Mills Ine. American Airline Am. Brake Bho

Am. Dan & Electric

American Tel & Te could not American Tob.

Armos Steel sherr

Ambritos Corp

all the money needed Anaconda Copper buy Do you remember the British to

owners. That was Paete Bly-3451; xd. Aluminium affair?

• Butter Co-740

an eple in the long history of Shares of 16 Jasper companies with total assets of £16 milligá, the City.

started to tumble.

Hongkong & Ching Go-1.31.

Unilever

Chemical-59% 14.

· & Co-84% J.

Peper Bowater Paper Corp Oid-13% 6 stadio and Fretzial Flexrical & Minical18 English Electric Co-32 General Electri-45% 2

Shipping

Steam Nav. Co def Indo-China ord 32 452.

& Steam Navigation def ord -$1,700.

Storev

Great Universal Stores "A"- "Woolworth F. W. & Cott‹ Ed.

Textiles Coste J 17 11-31 Courtaulds - $0.

Mire

Cons Goldfields of South Africa==" 13 d

Con Zine Corp. Ord--7639 40.

De eers def-103, 10ka.

su.

Hongkong

Petaling Tin-3.

Hand-102

Southern Kinia Cone 126-114.

Unton Corp EST 18.

West Defentes diniminine-217%

Onl

British Borneo Petruieum Syndi ente 50 10.

British Potroleum Co., Lid-124.

54B.

Trading-13: Shell Transport 6d-Bruter,

Agreed merchant

Belgian Alling 805.

rates

Franes,

Maximum

NOTICE

TO U.S. CITIZENS

|

The USA's Reynolds Metals joined bands with Str Stedeford's Tube

Ivan

Investments

the

The Stock Exchange Comet! ordered a halt to all dealings in them.

Alles Cans Mining

Bank of Montreal Bank of Nova Reolla Baldwin-Lima-com. Baltimore & Onio Beech Life Savers

Bethlehem Steel

Bell Trentone until the portion Beneficial Finance of Hirmingham in bidding for control of the company,

elrared. Never had to sweeping Dena Aviation Corp a decision been taken before. They were up against

Thich the story gradually powerful Aluminium Company of America, which tried 10 came out. Harry Jasper had been acting in the Lintang bid block

solicitor, Mayfair

Mr Supporting ALCOA with their for a immense prestige in the City Frederick Grunwald. were 14 merchant banks and

inance houses.

dezi

In all the later turmoil Jasper unruffed. remained calm and His companies were sound.

We even had opposing nier- ebant bankers bawiing each saint. other out

ถ letters

he

to the He called in a firm of City

their Tines and by other means in oecountants to go over this extraordinary affair.

affairs. The Board of Trade

inspector.

Mr

ari Before this tussle for control | appointed started, British Alumunium Grunwald was arrested shares were 58s. They finished) This was the one sombr✈ note 15 ot 83, with Reynolds in the eventful year of 1969.

Metals and Ti on 109,

In all, they pald nearly 240 million to win British Aluminium for themselves.

Breathtaking

Spurred on

THE stock market has boomed

to highest-ever levels, by a remarkable

helped

THE company's shareowners recovery in Britain's economy

ended up the richer by un £14 unexpected Among the biggest

and encouraged by the Tories million. spectacular win at the Election. were The And now, spurred on by this expansion, 1059 has Church of England Commis-moed of

aloners. They made £330,000 faded away as it came it--with

another take-over baltic.

on this breathtaking deal,

}

In Harvester

Interchemical Corp. International Nickel

International Paper

Ini Tel & Tel

Kimberlyyara Tob. Co.

Lowenstein & Sons

McDoant Alterati

McDermott

Brewery.

Pacific G. & Fire

Pan American Airways

West Va. Pulp & Paper Westinghouse Air Brake Westinghouse Electric Western Union Tel. Co Winn-Dixie Stores Woolworth K. W.)

Westminster

32

were

and the

CO

Bank dividend

London, Jan, 0.

Westminster Bark has d clared a final dividend at 1/2d For "B" share for 1959 com- Fares with the forecast of one chilling for are made Just

HONGKONG STOCK EXCHANGE

by

Our Own Correspondeat

As the year ended it

with Havilland

seemed

that further mergers wero likely in the near future.

Busine done at the Hong- or "convertiplanes".

Stock

STIRRING EVENTS These stirring events tendod to obscure

of a year

solid achievement. Belush Comets, Britannias, Viscounts, Ven- guards, Vallants, Victors and Vulcans set up nearly 50 point- roint or city-to-city recorda while, in January, the Rotodyne established a world 100 km. (62 miles) closed cireult record

New aircraft to be announced tho Vickers/English prior to the enth and fred morning amounted to approxi-included

mately $1,583,000. Noon quota- Electric TSR. 2, the Avro 748, 31 scrip issues made last July,

tions and the morning's trans Short SC. 7, Hovercraft, civil Net preft for the year W-3 £2,500,101 ngainat £2,030,747

Bristol 192, Hawker P. 1127, Saler

and Bristol T. 188 previously-Chim Mall Spreinl.

supersonic, 20140 all-steel, research alrereft, pint 291150

fights by the Britannia 255, $160 29100 Argosy,

Victor 2 Vanguard, 1754 1105 P. 11, Hovercraft, Gnat Trainer

10 / 1167

and Comets 40 and 4C took place.

53

An hitorim dividona of 1/3d per share was paid on the capl-kong

Yesterday's Closing

COMMODITY PRICES

COTTON

NEW YORK

No. 1 Jan.

Fet

No. 2 Ja.

No. 3 Jan.

SUGAR

EW ORLEANS Closing prices all in

No. 4 Jan.

Spot rubber unbaled

1351-1757%

15-115% 114-115 1132-1347% 113-114 112-115

No. 1 pale crepe ................ 120-131

LONDON

ections:

Share BANKR

Exchange this

Buyers Sellers

IK B... 1:09 113

INSURANCES

Unles

**** 9331⁄2 9415 Waterboat.. 27

C.10 0.15

Wharf.. 145. 150 1 Dock

571 La Provident 1745 17.00

Taikoo Do: 49.5 40.75

Wheelock

DOCKS, ETC.

LAND, ETC. H tite!.. HK Land..

Closing prices al in pence umplurey

No. 1 Ray spot. 345-347%

Settlement house tenn:

„General markets, 23.6. barte, porta: | Sungala

thank you.................................. *9}}

AMSTERDAM

20.30

22094

250 14 17,10

Tho

It was a good year for orders, announced government that the Argosy and Britannia were to be adopted by the 500 17.50 R.A.F., and the Royal Navy 1700 0.70 ordered the P. 531 hellcopter. 400 * 40.30 Six more customers bought Vis-

50 40.75

counts, Riddle—a U.S. Airline- 00040.50

ordered the Argosy, while Now 100033.75 York Airways and FAJA

decided to buy Rotodynes. Tho

700 + 40

180

40

21 2000 21

ན ཙ་

1.50 1.55 1000 en 1.825 60001525

4536

2003+

2000 * 130

NEW YORK

Closing prices all in cents per Ib.:

Closing prices all in per ib.:

cents per Yb.:

Spot

23.10 noy.

Feb.

Contract No. 4 (world)

Mar

Realty

RUBBER 2315-332 Amalg

4.20

4.30

May

33.05.00

Jan.March

13-31

3.04

Jant...

July

March

3.94-95 37.36-30

April/June

337-321%

July, Bepl

3248-314%

det/Dec.

May

3.11

Da

31-3144

This one is for Crosse & 10 O'clock Blackwell, the Tested food arm.

July

3.10

Mor

3.16

Sept

May

31.86

Fru.

Extate crepe thin Is..

Oct.

Trust A Tewah

3.53 3.70 UTILITIES Trson

..... 23.78

2005 4.20 2009 or 4.20 3050 4.23 1000 ₫ 100

Jaliz.

cents

Mar.

spot-(ty.b.)

2.03

per lb.:

You bail

130 132

Total Sales: 249 contracts Open Interest: 8,925 contracts

Spot

8

!!!

200

152

May

Contract No. ↑ (domestic)

July

1000 a 200

OCL

Jor.

3.44

Dec.

March May July Begit

Mar

May

sudden

543.

Spot(C.11. NY. ex-duty) 143 Total Sales; 205 contracla Open Interest; 1,521 contracts

UFI,

per ib

American Contract

Mar/Apr.

In this tussle, the rivals are the Nestles chocolate giant and Sir Clavering Fism's fertiliser has important combine which food interests as well,

While Londoners were, enjoy- for ing the sunniest summer

share another great years, battle burst upon the City.

This me the torget was the Harrods group of stores.

Three greal stores chiefs jousted with each other to win

Nestles opened the bidding at the hand of this fair lady of the

£8,700,000. Sir Clavering has Brompton Road, Most U.S. Citizens will

Mr Hugh Fraser, the Scots topped it with an 11 million drapery mulionaire who already offer, required

file to

Caught

in controlled John Barkers of U.S. Federal Income Tax Kensington, was the first ta whirlwind, Crosse & Blackwell

shares have soared from Return for the year 1959, throw in a bid.

Hard on is heels camo Mr 9d to woll over 80s.

shareowneTE For the lucky U.S. citizens residing in John Bedford, Britain's biggest draper as head of the *280

this means a cush windfall of Hong Kong, wishing to fle

million Debenhions

chain of £4,000,0000. their Federal Income Tax stores.

be

a

Returns for the year 1959. Mr. Joe Collier, of United

informed that

And then The Third Man-.

all Drapery, who started behing the are

counter in a small shop al the of the Internal Elephant and Castle. officer

Hugh Fraser. declared will be Revenue Service

afternoon booking down visiting Hong Kong from London from his culte in

DELD

Un

up

♫

London Express Service

Shipping Guide

The second post-war iesuo of the the Hongkong Shipping, Engla-

January 11 to 15, 1960. Savoy Hotel; "I'm going to with eering and Aviation Guido com- this night. A. Boolaman never piled and published by Br

in." He didn't. And he ċ. M. Woloda,

Won.

in order to give advice gives and assistance with any problems arising when fill- ing in forms. Interested should call the persons American Consulate General Telephone No. 85071, Ext. 220, for an appointment.

yesterday.

WILE

received

METALS

NEW YORK Closing prices, all in cerita per

Ib

Lead

728

Jan. Mar

Ja, Copper Jari,

Mar.

Ti

LONDON

11.20

12.03

11.44

12.12

33.00 21.03

unqual

LIVERPOOL

Closing prices all in guilders per kilogram, clf. Jan.

32.90

33,03

No. 1 rubber

32.92

No. Z rubber

No. 3 rubber

31.29

No. i crepe

31.01

Closing prices all in pence

May/Jum

July/Aug

Def/Now.

Mar/Apr.

Dec/J

Mixed Contract

May/Jun

July/Aug

GetBoy

Dec/Jan.

RUBBER

NEW YORK

124 com C. Light 23.10.2020

923 ро

Ezt nom

3.78 nom

-UP.

FOREIGN EXCHANGE

NEW YORK Closing rates Canada England ometal

20-y

Australia, 4

Electric

20.40 2015

..New. 3.10 23,30

Macao E.

Telephone.

1133.75

INDUSTRIALS Cement ... 20.15

600 i 20.30

200 + 20.30 1000 20.20 1002530 1000 20.20 52202019

2002 20.50 1000 or 20.40 850 28.10

• €80 23.20 103 64 11.30 100 633 2000 6 33.75

46 1500

300 430.75

1300 230

Ministry of Supply bought Dart Heralds and AVTO 7489, and customers for the latter aircraft included Skyways, BKS. and the Indian

who government elected to make a consider alle number under Jicence. Other orders included: Twin Pioneers for Switzerland and the British Army: Cometa for Greece and Mexico: Britannias Argentina and Canada; berras for Iraq, and Sweden: Sea Hawks for India: Blood- hotind

and Seacat

Can-

gulded weapons for Australia and

Sweden, respectively.

Tyne engines and de Havil and propellers were adopted for the Canadian CL, 44, and the Orpheus for a Japaneso trainer, while the Eland-powered Con- vair airliner was ordered by en American domestic airline.

7

Four firings, all successful, of black Knight In Australia brought the unbroken record of access to five-an, unprecedent-- ed achievement in the ballistic: 500 22.30 missile field, British alteraty. 1500 # 1930

2130 went on sales tours to the US, 22.40 Astra)10. India, Ceylon, Pakistan, Canada, Boutli

22.10

$2.10

500 a 23

Lame, Crow, 2130 2714 CUTTONS Textling ... s.es 9.60 200 1.00 3000 0.57 1000 ON 2.00 14.00 25 3000 #1638

STORES, ETC.

1.00 20/31

Dulcy

2.7903

2.0011

-UPI.

21303

New Zealand Bouth Africa Belgi

Watron

3.7892

3.2032

20050

1001

France (new)

1010.

Holland

W. Germany

Norway

1402

Sweden

Switzerland

Bangko

Nenyon MSCELLANEOUS Vibro INVESTMENTS

Allied

6.09

5.40

"LONDON' Closing rates

New York

Montres?

2079,-20735

31.30 30.10

Dru Copenhag

Double money It contalis articles and 70-

flex rubber futures closing OR Harrods Ordinary share-ports on the local shipbuband shipbreaking Audušitles,

Closing prices, all in sterling prices, all in cents per lb. A case of owners it was

Their croes harbour communication, per fong lón. "Double Your Monty,"

| engineering: research at 1b0 shares rocketed from 745, to Univeraly, alectric power fof Tin pot 140. Their profit-just a title Moco and instrument matter of £10 million.

|systems, amung others. In this vintage year, for take- The publicailan, also over bids, of course, we had Mr taing a classided section Charles Clore playing a promal- agents for muring and aviation ment role, 0.

Squipament

landiniz

3-monda

con- | Land 39, tile fan

Buyers Rellen

729

May

7001%

July

Bapt

Nov.

JAI.

BINGAPORE

Stockholm Closing prices all in Straits Millen {cerita per lb. Lob. Bizlayan | zorion

party:

Voca

13,3036-F1.3136

· 16.03.

Exchange rates

America, Scandinavia and a

number ot other Europeen countries.

A

record 0,900 Overseas guests attanded the bliget aud best 6.8.A.C. dikníny yet to be staged at which goven, sLEEVATE new to Farnborough werd on view and a record 370 hibitors displayed their WRICH

Nineteen fly, nine also BEW the. London-Paris air race, twą attempts Lok mun-powered · night, the Coiflet complete a "strlino triumphant year of 4:19 servios, the 10th Anniversárīds 113 of Blackburn and Handlay #210| Pige, und, flie Canberra's: tenth 2010 birthday.

>tika

Business was - done in the legal unofficial emerangy parlons

morning, at the following anion: Biering notes "Australian stoves, (per 21) Indonesian rupiali (per 100)

1