1961-03-08 — Page 2

་་

THE CHINA MAIL, WEDNESDAY, MARCH 8, 1961,

Profit-taking causes LANCASHIRE HONGKONG

New York, Mar. 7.

Stocks ran into heavy profit-taking_today, with most of the industrial list showing wide losses. Activity remained on the heavy side.

Steels, motors, non-ferrous metals and some elec- tronics were among the biggest losers while several special situations scored impressive gains to go against the trend.

Brokers Werr In eneral agreement that the list was in dire need of a "correction" and most termed the action today as overdue.“

C. 1. T. Financial Corp. Chase Manhat. Bank Chryster Motors

Chuett Peabody

Today's volume was 5,5-10,000 Corning Glass Works

shares.

Of a total 1,310 shares traded,

70 x

losses

DISCUSSES

in VOLUNTARY

New York

GuyReynolds Tobacco

43 Hoyat Benk of Canada

48ed Royal Dutch

107%; Swift & Co.

Texas C.

x10 The.

QUOTA

AGREEMENTS

Manchester, Mor, 7.

101 Two loading figures in the Lancashire cotton indus-

try today spoke of Lan-

STOCK EXCHANGE

Dur Own Correspondant,

AD

Business done at the Hang- kong Stock Exchango this morning

to amounted proximately $9.7 million. Noon quotations and the morning's transactions!

shares Buyer Seller

HK Bank

Balon

151910

40 1920

Ex Dlv.

1010 10

100 e 191A

00u 1920

30 1926

1915 ז 30

4 1220

744

at

Colgate-Palmolive

362 Rem Mis

16

Thlokal Chen,

Colombian Carbon Co Commercial Credit

Bat

Sears, toebuck & Co.

67

Fide Water Ol

257%

B5

Shell Oil Co.

4

Tri-Cont. Warrants

201

cashiro's attitude towards

103

¦ Safeway Stores

4112 Twentieth Century Fox Piln

43

Consoldlated Fdison:

7215

Sain Reg. Paper

42

Union Carbide...

127

the voluntary agreements

20 gr 1915

Consumers Gas

Consolidated Paper

Schenley ing.

219, Union Oll of Cal.

442

4221

Seon Paper

10

Union Paclite Railway

Continental Can

3714

Siegher Corp.

30 Dattel Aircraft

3143

35

Continental Oil of Del.

Shidnir o

1337

42

Volume

Creale Pet

34

Smith, Kine

French

with Far Eastorn countries UK Bank which limit shipments of Lombard ine. cotton cloth to Britain.

30

R. X.D. 1000 1000

Wharf Co. Takoo Dock

10 1500

B1

314

791)

500

Crane Co.

32x4

Soceny Mobil Oil

100 1841

Bay

South Puerto Bien Suge

Crown Zellerbach

1

Southern, C. (hel

Cuban Amer. Sugar Delaware &

10%

Hudson Co.

Southern Natural Gas

1

Southwrn Pacific Co.

Jones clasing

stock

Diamond Alkali

ญ

Southern Railway Cm3

42

17 Standard Brands

00

38 indus

67.14 of 7.32

223.44 of 2.09

377 were higher and 729 lower.

American exchange

was 2,210,000 ahores,

Bonds volume umounted 10

$9,260,000.

Dow averages:

05 stocks.....

(Others' unchanged),—UPI.

Closing prices

Abitibi Pwr. & Paper

Aktien Lay. Acy.

Algoma Steel Corp

Aified Cliemicals

Am. Marli. A F'dry.

Beech Life Savers

C. Tel. Co.

Beneficial Finance

Boeing Airplane

Borden (Tiej Co.

Belt Amer. Di

British Columbia Pwe.

Calif. Packing Corp.

Cona. Bk. of Comm.

Cana. Brewers

2427

וף

Distillers-Scograms

Dominion Stores Dougian Aircraft

Dow Chemical

Dupont de Nemours

Fastern Air Line

Family Finance Corp.

Ferro Corp.........

Ford Mutur Ca of Cann. Ford Motor

Eastman Kodak

First Nat. City Bank

International Paper

The Tel Tel

16

Standard Of NJ.

212

273

117

Sterling Drue Co.

40

6

414

71

metors

424, United Fruit

482 United Gan Corp.

44: US. Fall "1"

177

1.8. Gypsum

492% U.S. Line Co. 4224

U.S. Hubber

22.S. Smelting

U.S. Steel

34 U.S. Steel 7 P.C. PF

40% | Warner Bros.

Sir Cullibert Clegg, who wan 324 member of the delegaties 50% which visited Hongkong to

with; NK Gay A negotiate the import pael

the the colony, touched

situation in his annual report

2012

148

64%

471% Waukesha Motors

37

4454 | Westinghouse. Alr Brake

2321

as Chairman of Clegg and Orr,

11

Westinghouse Electrie

40

the Littlebrough Mill group.

of

Western Union Tel. Co,

43

ATEX

West Va. Pulp & Paper

30%

23

Winn-Dixie Stores

27

14

Woolworth (K. WA)

7214

M

Zenith Radio

UPI.

member that the present agree-

Chair-

Wheelinck

15.30

73.00 13.00

ZGC5 SF 13.00

2000 195%

2000 m 18.00

2000 18.30

3000 & 18.40

111 Dock

1

131 1300 140

L

Land..

32

NSPORTATION

Marples to reveal

British plans for

N-powered ship

London, Mar. 7.

0003 13:30 A Transport Ministry spokesman said he expected the Transport Minister, Mr Ernest Marples, to issue a statement shortly on Britain's plans for nuclear- powered ships.

3000 13.30

200 140

2200 6 150

2014

1000 25.70 But he described as "pure guesswork" reports in

2400 6 20,00

600 28.00

2003 i 20.20

500 m 29

1000 29.40

$300 in 2014

[203 / 29.00

2000 29

1000 20.40 53 1000 or 52 1000 6 52 1000+ $3

02 0216

two daily newspapers that Britain would next month launch a definite project for its first nuclear ship.

1000 or 823%

BDO A 3915

320 80%

1000 CO

TCO A BOIS

mediate

1600 / 01

1200016

300 + 92

500 C 144

500

143

Youmati...

(New)

143

130

250 un 138

BIK Tram

37 376

300 or 30

500 or 303

330 3814

1000

Ch. Light

3211 312

Standard Oll of Cal.

30% Standard Ol of Ind.

| Steel Co. of Canada

Step Rock

39% Stokely-Van Camp,

Sinne & Webster Studebaker-Packard Com

ung. Suahine Blining

17

LONDON

London, Mar. 7.

57x Morning profit-taking after

yesterday's

upsurge quietened the market to- and clipped small fractions from

mony leaders but equities tond- ed to edge upwards again by the final bell,

Steel and engineering locks made up some lost ground in

ale deals. Textiles also im proved, breweries were regu- Inr and

turned du)',

Recently buoyant stores turned only but Woolworths down

112 shaded to 50/9. Electricals higher and shipping

hares Armex).

were

Ameny the blue chips losing! tractions

Imperial Chemical, Dunlop, British Motor Corporation, Rolls Royce and Briti American Tobnéen. British Unilever climbed to 153/9. Dutch Unilever jumpod 5/7 10 203/LA.

Olls were slightly easier an balance after

narrow move-

ments. Rubbers and teas werz stendy.-UPI.

Closing prices

Brilla Government Securities

2% Consolidated-£42-9/16.

3 Conversion--4364

37 Savings 1955/05-£91)-

3. Savings luce/732791

3. Savings 196/75-C71-3/10.

Overseas Bands

German (Dewer) £10035. Japanese. Aesersted-ciel

Hanks & Insurances

Durelay Ord—10s.

Chamered Bark-567 aq.

Gunelion Assurance-134; 21.

Hongkong Buk£99. Lloyds Bank-Gis 3d.

Coasbard Banking Oid-20s 158,

British Petroleum-52s vel. Butenah Ol144

Sheil Tranmort Ord-148s Bd.

Royal Dutch-E14-3/18.

Ulfamar Company-V9% 50.

Steels & Engineering

Babcock & Wilear Ord-3s ad. Tube Investmerit-Ma. Linie Steel--054 DJ.

Vickers Ord-12 1d.

Electric

Assoc. Elec. Industries-40s 3d,

MARKET

QUIET

Elec. & Mus. Industrie-16, 30. English Electric Ord–401. General Elzetric Ord-Za G. Philips Lamp Work-EN-1/16.

Industrials

Asade, Portland Cement-74% 7% Boardman, Marden Ord-88. Borox dings)-19s 10d. Dunlop Rubber Ord -23s 10%. Forestal Land--13; 34.

Oman (Holdings) O-3s 7lyd. Hudson's Bay-28'.

Itunk Organlation Ord-29 1840.

Redifision Ord-19: 71⁄4jd, Turner & Rewall Ord-875 1059. Unilever Ord-18J< 94. Westland Aircraft-175 Od. De La Aur Ord-64# 31.

Chemicals

Tapperial Chemical Ord÷7is ad, Manly Chemicals Ord-23; 94. Papor

Bowater Peper Ord-545 64. Wiggin's Toupe Ord-543 42;d.

Tebarcus

British-Amer. Tob. Ord-09s 1d. Carreras "B" Örd-4: 4930. Imperial Tabacen Ordus 4150.

Motors

British Motor Ord-179 d. Hawker Siddeley Ord~26% od, Jaguar Cara Ord-als 3d. RO-ROYCE Ord-43. Standard Triumph-11.

Textles

Callco Printers Ord-15: Conta id, & P.) Ord-45 34. Courtaulds Ord 431.

Fine Spinners Ord-1. Lancashire Cotton Ord-70 30.

Stores

Great Universal Ord-334 5d. Lyon (3) "A" Orc=9la K. Marks & Spencer" "A" Ord s

od.

Mum Empires Ord-13 Bd. Woolworth (F.W.-501 d.

Miscellaneous

Bowmaker Ord-24s 7d. Canadian Pacifle Ord-#41. Cunard Steamship Ord-18: 10led. Hongkong & China Gas-15s Indo-China Def. Ord-2

Land Securities Or-23s. 1. & Ö. Sicam Nav. Def.—408 101d.

Stoll Theatres-10 140.

Milnes

De Beers Def.130. Potaling Tin-9€ 10%d, Rio Tinto (Bearer)—£1-31/37. Roan Antelope Copper-51 458, Unlen Corporation-351 (Md. Welkom Gold Miniw-164 thi. Western_Holdbyte-133, 1950.

Rubbers & Tes Anglo Indonesian Plant, 3d. Ceylon Tea Ond-30s d. Truperial Ten Ord-164 ti. Kuala Lumpur-Kepong-as 1149. Lambak Rubber-52s d.

-Reuter,

In acessing the future he said the industry had

to re-

ment with the cotton Industries

of India, Pakistan and Hong- Provident kong expired, in 1962 and 1963.

"We are mest grateful to the industrie: of these countries for having helped us in this way. Some sterifices have un- dicubtedly had to be made," he said.

"On the other hand it must that the Lan- be remembered

cashire industry accepted what

regarded it at least

៧៩ very generous figures for imports of duty free cluth from Commen wealth

the countries when agreements were nude.

"It is to be hoped that this will be borne in mind when dis- cussions about them come to be ¡resumed."

CAUTION

Mr Albert Birtwistle, man of Birtwistle and. Leith, the Preston textile group, said in his annual

to report

share- holders, that while the outlook was satisfactory so far buyers recently had been showing hesitation and caution in com- mitting theinselves

of the year.

1 Hotel.

to the end HK Fire.

Ex. Div.

One factor causing this cerlulaily was that early

1962 the voluntary arrangement K Tele with Hongkong, India and Pakistan limiting cloth imports would terminate,

Unless these could be re- newed or some quotas imposed there. was every prospect that, the government sponsored re- dundancy

and re-equipment i schemes in the Lancashire GI Cement

be Ex. Div. cotton industry would not

the success it had been hoped.

"Without some such arrange- ments no consumer goods indur Dairy Fr

compete едп successfully with low priced Imports from those countries which do not enjoy the benefits of high wages and a welfare state."—Reuter.

5 4034

C

372

Geargla Paethe

General Dynamies

Allied Mills Inc.

413%

Alla Chainters

201

General Electric

General Foods

Ain. Brake Shor

445%

General Motors

American Ateline

20%

Ger. Pub. U.

Ain. Cable (tudio Corp.

Gen. Tel, & Eice.

American Cyonauid Col

437%

Gen. Tyre & Rubber

们

Am. & Yorgu. Powez

ነሳ፡

Am. Gas & Electrie

Gelly On

Gadden Co.

Ain. Home Prod.

18924

120

Goodrickt 11. F.) Cu.

olycar Tyre

340

Amerie Metal

Am. Natural Gua

350

Great Northern Railway

ኣበ

Cramman Aircraft

!x

American Smelting

ST

Am. Suyar Ret.

ait

Gulf Oil.....

Hammond Organ

12

day

American Tel & Tel

114x0

American Tob

Heyden Newport Corp

231

216

itiram Walker

Ampex

Aneconda Copper

Honestace Mining Co.

Arusco Steel

Hasinan Refrig.

Armour

Wind Power

4471

Asbeston Corp.

Imperial Okt

Atlas Com. Mining

07

Imperial Tobacen

Baldwin-Lima-11am.

1412

Ingersoll-Rand

injana Steel Co.

471

Baltimore & Olsta

} Interchemical Corp

Bank of Montreal

3

Bank of Nova Sentia

Jut Business Machines

GOD

Int Harvester

4K

40

International Nickel

66%)

13

Bell Telephone

477

RS

Bendix Aviation Corp.

Johns Manvlile Co

G4

Benguel Cuns.

Kaiser Industries

Bethlehem Sterl

Kansas C. Power & Light

07 muved

Kennel Copper

BSAN

Clark

IFT

Burroughs Add Machine

Liggett Myers Toli. Co.

13

Lily Tulip

541%

Litian Ind.

3201.

Lockheed Aberafi

3474

Loews incorp

Lone Star Cement Co.

5212

Campbell Soup Co. Canadian Profile R.

Lorlard f'.

Lowenstein & Sons.

17

Care (J. 1. Co.

1112

BeDetmold J Hay

44

Sat. Tractor

MeDonnell Aircraft

39%

2014

Merek

BLAEN

Mesabi Iron Corp.

Minnesota Mining

28%

Mission Development

20%

Munsante Clinics) Ca.

487%

Montecatini

Montgomery Ward

Motorola ne.

National uit Co,

4024

National Cash Reg. “A”

National Dairy Prod.

National Lead

9254

National Steel Corp.

New York Central

10

Noranda Mines Lid.

Norfolk Western Ry.

North Amer. Avintian

5122

Northwest Airlines (Com)

20+

Oklahım Nat. Gas

+23

Olin Mathieкon

4319

OA Elevators

723円

Owen-Blinois Glass

100

Oxford Paper Co.

201

Pacifle Cas & Elee.

Pan American Airways

20%

Puraiutint Pietures

Parke Davis Co

Penny . c. co.

4172

Pe. Salt 06.

3724

Philip Morris

Pitney BowTI

Procter & Gamble Cv.

Pittsburgh Plate Glus

1404

70

Portland Gen. Fee.

Publicker Industries

10

Celanese Corp.

BERTRAMERICAN

STOCKS & COMMODITIES

WHEN

SELL

........

TECHNICAL

WHEN QUY

ANALYSIS

On Stock Trends

Research Dept. PERENNIAL TRADING CORP. 814-818 Edinburgh House Hong Kong

Tel: 24946, 34

Fullmim

Pure Oil

Radio Corporation

Raytheon

Republin Weel

Reynolds Melal

P.O

LINES

Ol

kl.

80714

Buyers Sellers 304 BUS 000

try

110-

in

1000 12,37%

1500 37!! 1800 3714 1000 kr 3 9100 43721 500 3214 100 32 1000 or 1214 6000 32.

B000 10100322. 1000 321

The Daily Mall had said the | merchant skip or passenger Government was to give the vessel,

this go-ahead

month. It res The Dally Express declared: ported that a confidential" re-" "Britain's scientists are to be port sent to Mr Marples during given the money for an all-out the weekend by the UK Atomië | effort to

an entirely develop Energy Authorlty urged an Im-new type of atoin-power plant

start

driving on 0 nuclear for

merchant ships, liners and aircraft carriers, The setting up of an atomle marine propulsion programme be enounced by Mr Marples within a few weeks.

MI Marpics announced cariler last

that month Government Committee

World

rubber

New York, Mar. 7, Rex rubbor futuros today closed 10 to 20 points higher with sales of 41

contracti.

will

a

BASCSS-

had work

when

A

ing tenders from five leading Arms for a reactor and pre- pulsion machinery suitable for

65,000-Lon tanker practically completed its and would meet shortly to draw up its report. But i was not yet possible to say decision would be made.

FIVE FIRMS

Transport Ministry the spokesman, sald Με Marples foreign market and WAS in- would make a statement: 01: fluenced by reports of somo the subject in the House of Russian demand for sheets at Commons early in Murch in Singapore. Locally, brokers said reply to questions. shipment offerings here were

The standard contract closed 10 to 25 points higher with sales of 13 contracts.

Prices

371% 37% 3000 37.

400 3714 1020 or 3718

1000 Le 374)

30 371

40 2300 4614

500 - 40% 1000 kr 40

light

(New)

...4016

47

800 A 4635

40

1000482

1000+ 40

750 + 4815

4000 464

800. 28 4012

1000 409

701% 7115

300 7014 100 G71 500 or 7015 1800 71

500 7114

44

1000 P43

1000 4315 2500 4374

3500 mi 441

1000 44

- 2750 x 437%

Watson

+

5012

500 4015

500 + 4713

1000 G 40

1000 or 50

Unit trust

Allied

Inv.

First Hongkong fund:

Textile

Buyer Price: $1.80. Seller price: $1.45.

f

Nanyong

14.40

A. Rubber.

N. Trust

251-251

B1

Settlement house term

Apr./June

July/Sept.

Nov/Dec.

251-251

Jan./Fell.

Mar Apr.

Mar.

May

General markets. c.i.f. basis, ports:

2472-23 24-25

Estate crops thiry Mar. 201

thick Mar. 201

AMSTERDAM

Closing prices all in guilders

22711 per kilogram, cit.. Mar:

buyers 2.30 buyers 2.50 buyers 2.50 nom. ---UPI.

asis

001

No. 1 rubber

No. 2 rubber

001%

No. rubber

637 No

crepe...

ORIENT

EMBARKATION NOTICE

R.M.S. "CORFU"

for UNITED KINGDOM via Singapore, Penang, Colombo, Bombay, Aden, Suez-Port Suid.

EMBARKATION: Passengers should embark between

COMMODITY

COTTON

NEW YORK

Closing prices all in cents per lb.:

Spot: 3320 non; Mar: 32.50: May: 33.1 July: 33.00 Oet: 34.23: Dec: 34.48; Mar 34.09: May: 33.12; July: 35.05.

NEW ORLEANS

Closing prices all in cents per b.:

Spol: 30.50; Mar: 32.73; May: 13.23:

Mar: 13.07: May: 35.25.

2.30 p.m. and 4.00 p.m. on Thurs-July: 33.72; Oct: 34.27; Des: 34.50, day, 9th March, 1961.

The ship is expected to sail at-5.00 p.m. on Thursday, 9th March, 1961.

LIVERPOOL

Closing prices all in pence per

American Contract Mar: 24.10: May; 24.70; July: 24.25: Ocl: 34.50; Dee: 24.70; Mar: 24.80. Should be sent to the Hongkong &

Bixed Contract Kowloon Wharf Co.'s Godown (No. 2 Oct: 24.70: Der: 24.00; Mar: 25.10

Mar: 74.40; May: 23.10: July: 23.55; Gate), Canton Road, between 8.00 UPL a.m. and 5.00 p.m. on Wednesday, 8th March, 1961.

NOTE: Passengers will now be disembarked at

SOUTHAMPTON and NOT LONDON.

Agents:

MACKINNON, MACKENZIE & CO.

OF HONG KONG LTD.

P. & O. Building, 18 Connaught Rond, C.,

HỒNG TRONG

Telophona: 85211/9. After Ollico Hours 30219,

SUGAR

METALS

LONDON

Closing prices, all in sterling per long ton:

Tin mol J-month Copper apot 3-month Lead Spot

-honi Zino Spot

2-month

-uri.

RUBBER

NEW YORK

Rex rubber futures closing prices, all in cents per lb

PRICES

No, Res shot

SAILS:

BAGGAGE:

FOREIGN LACHLANGE

Rently

11 Са

13.30 3000 13.20 4000 or 13.40 2000 4 13.30 1000 of 13 30

1000 83%

142800.00 14000 sp D

1000 D.10 30001416

4000 7.60 3000 or 7.70

10000 F 7.00

4000 # 7.00

3000 66 7,80 3030 of 7.90 4000 7.05

2000 m 7.00 3000 7.80

2,20 1000 ♫ 8.00

6000 3.70

2000.00

1000 8.70

1000.00

2.016 1.70 53000 2.370

G000 2.00

771852.00

15500 2,65

3600 2,65

24000 2.70

6000 * $.075

3000 2.66

10000 or 2.70

and

Armed with

The

"Five Artne

were asked to

maurine

mostly averaging toceat above buyer ideas. carry out studios Into Some two sheets out of Indo-nuclear propulsion, were given nesia for March-April shipment research contracts for this pur- were reported done at 28 pose and lenders. were invited

for

two

cents a pound, cast and freight boiling wat of reactor, a

| Locally "current month No. 1 Ras was quoted 20 cents and spot 30 cents a pound.

In Singapore, opening quota-

tions were

nearly two

brennic

reactor liquia

reactor," he added.

cents to

and an moderated

was set up

"The Committe

assist the Government in

higher than yesterday's Anal considering there various pro-

lovels.

Their was some demand for Russian shipment

and threa

Iso

Will

els. I have no doubt that the

in due Minister

cour so make a pronouncement on the of one, two

I

cannot March and subject,

ofcially comment on what epurse he is April.

Pricts ruled lendy through likely to recommend. But these most of the afternoon but to newspaper reports warda end of the day trade guesswork." buying steadied prices fur- ther.

ohe

pure

A spokesman for the Authority said he had teen Lowers were in limited de-Instructed to make no comment mund but with sellers restricted about the matter at the moment.

If a statement prices again steadied.

were mado, it would come from the Ministry. Two marino experts called on Tuesday night for an in- tensification of British efforts to develop a nuclear-propelled ship.

In London, the rubber maittet was firm with sput quoted at 25% pence.

In Amsterdam, the marke was steady today-UPI.

Japan's gold

reserves rise

Tokyo, Mar. 7. Japan's reserve of gold and

foreign

In a study of the subject presented in London to the Institute of Marine Engineers they urged that research into and development of relatively. low-powered marine reactors zhould be intensifed with the object of getting a safe nuclear

to бей. ship

The study was made by Mr

exchange increased by $52 million during Febru- John M.

Murray

and Mr H. the Chlor Chief

ary to $1,037 million at the Nelson Pemberton, end of the month, the Bank Ship Surveyor, and the

Engincer Surveyor to Lloyd's of Japan announced today,

Officials of the Japanese Register of Shipping.

Finance said they

They

that hold

nuclear-

1000 2.75 Ministry of 10000 370 were hoping that the gold and powered pazwanger ships were 13000 4 2.016 foreign exchango reserve not only feasible but would 21.60 23.9090540 would reach

a $2,000 million probably prove at least compar-

Humphreys

Ex. Div..

25!

dilman X.D.

53

NEW YORK Closing raten:

Int')

Invest idl

21.70

29 50

Canada

100%

27933

20.30

2027

2.7033

29.09

"0.00

all in Stralis f.o.b. Malayını

Mar.

May

July

Sept

Nov.

Jun

NEW YORK

Closing prices, all in cents per

lb.:

Contract No. 8 (world)

ceala ports:

SINGAPORE Closing prices

per lb.

May

2.00

No. 1 Mar.

July

4.00

No. 3 Apr.

SCBR.

2.00

No. 2 Man

Oct.

2.80

No. 3 Mar.

Spot-world average

01.93

No. 4 Mar,

Total Batex: 75 "contrácia

Open interviji Liza contracts

Contract No. 7 (domenilo)

Tlanket crepe

03-00

No, pale crepe..

May

6.21

July

0.32

LONDON

Spot-bulk, duty pald

0.30

Total Balei; 47 contracts

urf.

Open insert: 1,670 eonteret, Th

83-04 04-1414 BT-0514 B-0214 ww-day

Boot rubber unbaled 0531:64

QV-DG

Eugland oficiai

30-Day

10-day

Austenita New Zealand

Other unchanged.

LONDON Closing rated: New York Mantreat Amsterdam

Bydels Copenhagen Frankfurt

Mbon

2.7000 11. & FE. 2230 Inv, X.31.

Underwriters Away Carl. Macho Elec. U. Waterboat Love Crew."..

2.3016-2.7096

10.10-10.17

1000-102235

(10.30-20.30

Ox10 Ilot Stockholm Milan Nietna

1723-1724

d

Closing prices all in pence per Zurich

1b.:

1800 23

2000 23.30 1500 £3.40 large a

riso

and

180 21.30 mark by the end of this month; able with conventional liners In 1500 21.40 but they did

· accommodation. “ opced, not foresee so

"In fact, the they had machinery space. 2000 in 23.10 previously expected, since displacement of the nuclear- powered ship will be loss than that for the equivalent conven- Honal ship, resulting in higher speed or lower power require

500

300 23.5

23 there were signs of a déclluð 1500231 in the payment by the United 10 vr 23.09 States forces for procurement

under the influence of the United 1000 2720 States

3002730Ching Mall Special.

"dollar-saving" policy,ments."

100 0 27.40

100

20

1000 20

g000 025

4000 3.55

1000 275.00

12000 83.

B000 10:46

4000 w 15.00 2000 15.50

1000 15

8000 18

21 1000

15

UN

Agreed merchant

Sterling:

rates

Maximum Selling 1/2-27/32

Minimum Buying 20.00 | 1/2-15/18; With echid L/C 1/2- 31/32 1/3-1/10; 1/3%; 1/3-3/10; 1/3-9/32; Without L/C 1/3 O.D.; 1/3-3/32 30 days; 1/3-3/16 00 days; 1/3% 60 days; 1/8-11/82 120 days.

1000 15

1000 1435

500 334

2004

1000 & 4015

500 50

Exchange rates

Business was done in the local Knoffelal

exchange market thi moming at the following ralesiona US dollar per

U.S.: Maximum Seiling 17-7/32: Minimum Buying 17- 15/32 TT.; 11-17/32 O.D.; 17- 19/32 80 days; 17-11/10 60 days; 17-25/32 90 days.

Canadian 3: Maximum Selling

They much

concluded that, while work is yet to be done in evaluating the structures in- tended to protect any nuclear- driven

ship involved in 150)- Ilalon, "with compatent design the risk of less will be less in a Huclear hip than in & con- ventional ship."

Syscial

prolecilan would be needed about the renstór compartment to protect the ship again:1 the effect coltitlan, Lloyd's

Rezbier provisional rules for síuclear

shinee

of

Inid down a "blanket rustrement giping protection sexinst external inspeeta.

As protection for the reactor conepartment if a nuclear atp should E ground, Lloyd's Sterling notes (para 10310-31/32; Minimum Buying 17- Regliter required an additionni

10.90 7/32 T.T.; 17-0/32 O.D.

kafeguard of a double bottom Australian notun iper 21). 17.48

not less than six feet in depth Sign France: 955. Trucnesian Rupiah, (per 100) 342

2020 W. German Deutschomacke | adjacent to Mlant' ticals (ber 100)

the compartments 101 08-7/10.

-China Mail Speclai.

Bingapore (Biralte)