1961-04-06 — Page 2

China Mail 德臣西報 中國郵報 All

THE CHINA MAIL, THURSDAY, APRIL G, 1961,

WALL STREET STOCKS INCREASE IN LONDON

Now Yark, Apr. 5.

The stock market declined today. Trading was heavy, but not up to the frantic paco of yesterday whon 7,080,000 shares changed hands, the highest number in 5% yours.

The market was a little lower at the opening. It moved substantially lower in the morning, but cut its losses by about one-third in after- noon trading.

Most losses ranged from a few cents to around $2 a shore,

Standard and Poor's

Jost stock index

$05.16, Indicating

Armen Steel Annou

300

20 cents al the erasure

of about $1,200 million from the quoted value of all slocks listed on the New York Stock Exchangʊ,

WARNING

O! 1,301 issues tradled, 051 declined, 411 advanced and 230 closed unchanged, There were 64 new 1001 highs and ten new lows

non-

rubbers, Steels, cam, frous metals, chemicals, rails! und utics declined. Alrerafts and drugs were mixat. Petro lens and tobaccos advanced.

Asbestos Corp. Baldwin-Lima-fforts, Baltiracre & Quito Bank of Montreal Bank of Nova Scottu Beech Life Savers

C. Tel. Co.

Bell Telgion

Benefelaf FALCO

Bendix Aviation Corp.

Benguel Con

Bethlehem leel

Rueli Airplane Borden ruo) Cu. Burrough Add Machino British Am. 11 British Columbla Eve. Erstini Columbla Pwr. Calit. Packing Corp Cana, Bk. of Comm. Cano. Brewers Compbell Your Co. Capaian Pacie R.

Case (J.) Co.

Cat. Tractor

73

1511

117

14

3116

03

DECLINE

United Frull

United Gan Corp.

UA. Gyp U.S. Line Co.

1., Hubber

201% Waukesha Motors

34

1962

5%

3312

(7.5. Gleel 1 C. PF

1407%

Sing

U Beal

wamer Bros.

Westinghouse Air Brake Weatingboure Electric Western Unior; Tel, Co, West Va. Pulp & Paper Winn-Dixie States Woolworth (K. W Zenith Radio

COMMODITY PRICES

U.S.-JAPAN

TRADE PREDICTED

Los Angeles, Apr. 5. 133 Members of a Japanese trado mission to the United States predicted yesterday C changing economic structure their country would bring about a 100 por cent in- crcaso in trade between the two nations.

COTTON WILTALS.

LIVERPOOL

"

in

CLOSES FIRM

London, Apr. 5.

Stocks lost the pace and drive which yesterday

the pushed

Financial Times Index up to a new all-time high of 344.4 to break the January 1960 prak but after a day of two-way trading industrial equities closed vary firm and many leaders notched small gains.

Buyers held off until the gold and dollar reserve's ilgures for March were known but when the sharp £02 million drop was announced it caused Uitle sur

prise,

Kiphira. Satoh, hend of the missión, rald Japan's economy is gradually changing from light Industry and agriculture to

Steele openext ennter and then heavy capital industry.

perked up, Vickers led en- The mission expressed worry gineering Blocks Into higher obout the boycott of Japan ex- ground and electrical equip- ports by certain groups andments improved with buliding Jabour unions.

Gold anres failed to shares. Satoh sald he hoped the and friends and drifted down- con-worda but coppers switched to current "buy Amerlen" Sigt would be abandoned high ground and tins hardened.

Strady "International monetary

Inveriment buying bulances of

аге this country

meant small gain for gilt. brought into adjustment;"

edged but war loan 34 per cents were uncharged al

£47-15/10.

10.40

10.51

12 15

1122

ancl

20.79-Ba 50.73

The delegates, who

SAO PAULO

Average price in U.S. at 14 de signated spot marketo: 31.50 cute

Totol sales: 12,00€ Lgles.

An unquoted.

Closing pricos all in cruzeiro per Klio).

NEW YORK Closing prices all in cents per 1b.:

Lend

Mny

July

Zine

May

Closing prices all in pence per

July

23

10.

Copper

American Contract

May

33

24.70

July

30

'Corp

1234

July

24.00

Oct.

24.10

10%

24.40

41

Det

02%

Mar

24.10

May

24.90

per long ton!

2490

July

0243

Mixed Contract

Tin spot

1234

Buyer Seller 02415

100%

3-mont

121

7912

25.16

May

Copper spot

23015

5,430,000

Consumer's Gax

ED

July

25.25

3-month

228

Oct.

24.05

Lead Spot

おり

16

UPI.

Continental Con

Continental Ox of Del.

571%

Der

21.00

3-month

07

6794

Creole Tel

371%

Mat.

23.10

Zine Spot

D41

-UPL

Crane Cd....

The Dow Jones 30 industrials: were down 1.41 to 077.32.

The Associated Press 00-siork verng fell 1.20 to 243,00.

Volume fell to shares.

Wall Street analysis mid the reduced volume may have been dule to a warning issued by G. Heith Funston, President of the New York Stock Exchange, after

cfuse The

yesterday. Funston said the hugo volume of trading was apparently tracting investors to stocks they know little or nothing about. dle warard agains!

prculation.-AP,

at-

texa mich

Closing prices

Allied Chemicals..

Allis Chalmers ...

Am. Drake Shoe

Am. Cable & Radio Corp.

Celanese Corp.

C. 1. T. Enactal Chao Manial Bank Chrysler Mutora Chielt Peabody Colgate-Palmolive Co. Colombian Carbon Co. Commercial Credit Corning Cars Works Committed Edison Consolated Paper

Crown Zellerbeh

Cuban Ainer. Hugar

Delaware & Hudson Diamond Alkal! Diamond Nat'

Distillers-Seagrams Dominion Stores Daugina Aireraft Dow Chemical Dupont de Nemours Eastern Air Line

מן

LONDON

are

to nicet scheduled

with and other Fresident Kennedy Closing prices, all in sterling tenders, said -they were con- cerned with issues broader than trade alone.

The future of the American position in Asia is a matter of

Satoh vital concern,"

Bald.

3-month

-UPI.

FORLIGN DACHANGE

RUBBER

SINGAPORE

Closing prices

all in Stralis Malayan

Cents per lb. 1.0.b.

NEW YORK

Closing rates:

0415-8++

044-03

8332-8434 61-03 20-011 0412-8422 67-68

Canada

England

Closing prices all in ponce per

officiat

30-days Australia

South Africa

Other unchanged

LONDON

Batu Kodak

115

Paso Natural Gas

Family Finaswe Coro.

301%

poris:

Ferro Cury,

First Nat. City Bank

aca

Furd Motor 10% of Cena

No. 1 Apr.

Ford Motor .....

7911

MET

General Dynamic

No. 2 Apr

No.

Apr

General Eleano

Ab Pur. & Paper

Genert Tvods

7072

No. 4 Agr.

Alden loc. Aeva

701,

General Motors

40

Spot rubber unhaled

Algoma Steel Corp.

37%

Gen Pub, Du,

201

Gen. Tel. & Floc

30

No. 1 pale crepe

Blanket repo...

CD 1/3-2015

New Zealan

Allied MBs ine.

40'

cm. Tyre & Rubber

20

Cetty Onl

10

LONDON

44

Cidden Co.

2016

23P;

Goodrich 16. F Co.

9: Genisear Tyre

30%

1b.:

47%

treat Northern Railway

49

Closing rates:

109 | Grommson Alterati

No. 1 Rm pot

23-2316

65

Culf Oil

22017

lainisond Organ"

Settlement house term:

New York

31

1111

Heyden Newport Comp.

Apr.

2514-753%

27

May

5545-254P

27

tram Walker

434

2012

Homestske Mining Co.

June

4512-251%

42

Apr/June

314-2014

10

Ian Refria.

23%

dalo Power

July/Sept.

Det/Dec.

2512-251%

Lisbon

General markets, c.lf. basis, porta:

79

13

Apr.

May

2002-2014 2512-2315

Estate crepe

Thin Apt.

201:

-UTI.

Onlo Tarls Stockhol Milan Vienna Zurich

American Airline

American Cyanami Co.

Am & Forin. Power

Ain. Gas & Electric

Am. Home Prod.

Am. Machi. F'dry.

American Metal

Am. Natural Gas

American Seting

Am. Sugar Nel.... American Tol & Tel

American Tob.

Ampex

Anaconda Capper

NOTICE

THE HONGKONG & YAUMATI FERRY COMPANY, LIMITED

120Imperial Of

Imperial Touzeen Intersoll-Rand

Notice To Shareholders

Notice is hereby given that

the

the thirty third Ordinary Annual General Meeting of the company will be held at Company Office, Jurdan Rond Ferry Pier, Kowloon, On Saturday, the 8th April, 1961, at 12.00 noon for the purpose of receiving the re- port of the directora and statement of accounts for the year ended 31st December, 1960, to declare dividends, to elect directors and appoint auditors.

Notice in also given that the share register of the company will be closed from Thursday, the 23rd March, 1961 to Saturday, the 8th April, 1961, both days in- clusive.

By Order of the Board, LAU CHAN KWOK Managing Director.

Hongkong, 10th March, 1901,

WHEN

ODITIES

WHEN DUY

TECHNICAL

ANALYSIS

On Stock Trends

Research DeDL. PERENNIAL TRADING CORP. 80-010 dinburgh House

Itong o

Teli lists,

at Burners Machkies

Inland Steel Cu.

Interceirical Corp.

Esternational Mickel

of Harvester.

Internsional Paper

FETT & Tel

Johns Manville, Co.

Hatter Instustries

Kiran C. Power & Light

1 Reagregit Copper

Kimberly Clark

Lege & Myers Tob. Co

Til Tullo

Liten Ind.

· Lockheed Aircrafi

Loews Incorp,

Ten Star Cement Co. Lorard P

1ervilen & Boo. MeDennett J. Ray McDonnell Alteraft Muabi Iron Co

Merck

Cory.

Mission Dewlupinierst

Mont Chenteal Co. Montgomery Ward Moturula tnr.

Montecalin! .....

National feit Co

National Cash Rec. "A" National Daley Pied. National Lead National Steel Corp. New York, Central Noranda Mines Ltd. Norfolk Western Ry.

North Amer. Aviatioa Northwest Airlines (Could Oklahoma Nat. Co on Mathtex Otir Evetion

Owen-uneli Glam Oxford Paper Co. Pacific Gas e Elec. Pan American Airways Paramount Pictures

Parke Davis Co. Penny 1. C. Co. renn. Salt Co. Julip Morric Pitney Bowes Procter & Gamble Cu Pilisburgh Plate Glas Portland Gen. Elec. Pubilcker Incontries Palmno

Pure of

tactio Corporation Radio Corp. Prot. Raytheon

Repulifle Steel

30

thick Apr.

Montreal Amsterdam

Brussels

Copenhagen

Frankfurt

1.01 1/2

2.7995

2,1940

2.2400

2.7085

1.4020

2.70 13/13-2.70 15/16 2.107.277

10.0434-10.0321

379.7216-139.775 10.337-10.235:

71.31-11.113

'40.00-110.30

10.907-19.091 10.9126-13.7144 14.45-14.45% - 174014-1740 77.97-72.03 13.00-12.00

Chicago grain

Chicago, Apr. 5. Soybeans futures staged strong finish today

on

the Chicago

Board

'of

Trade. Ryo dropped mora

than a gent, while other

grains held within

nor.

row limits.

Wheat futures were slow, with prices holding near yesterday's close. Brazil reportedly bought 2,600,000 bushels of hard wheat. Vietnam took 281,000 cwts, flour.

of

Trading was more two-sided in soybeans. Brief railies In prices were followed by sales from local shorts. Commission

houses bought and sold,

Soybean export inspections inst week totalled 2,380,000 bushels again at 1,704,000 the previous week and 2,250,000 a year agor So far this season. inspections totalled 84,211,000 bushels, con- pared with 75,001,000 last year. Wheat'clusing range: 1 to

cents.

Soy beans closing range: off

to 2 cents--UPI.

This chemical giant

sees a turn

the better

for

(In his on the spot review of the American economy Alexander Thomson looks at the

chemical capital of the world.)

By Alexander Thomson

Wilmington, Delaware, Apr. 4.

A river they call the Brandywine tumbles along at the foot of

a deep tree-lined valley just outsido this town.

On its right bank you can still see old stone buildings in which E. I. Du Pont, a young refugee from the French revolution set up as a gun- powder manufacturer in 1802,

now on

дго

4

They

muscum pleces ing during the past year than lon) on adding to and Improv stretch of river ICI and some of the Europeaning Its factories. carefully tended by the £1,500 chemical makers. million arm of E. 1. Du Pont de Nemoura

Today it lu Arnerlea's biggest 58 In the chemical business. TE: | greatest claim to fame is that

nylon! inveniet

that has 40% gone round the world 10 1141sglamourike

every- women

where. 1744 The old buildings were the

company's birthplace.

Modem Du Pont giant still

Reynolds Melni

Heynolds Tobaero

Royal Bank of Canada

76

Royal Dutch

4241

Item Mfg.

Bears, toebuck & Co.

JD

Aheit Oil Co....

441

Bateway Stores

Saint Reg. Faper

Schenley Ing.

Geot Paper

Blagter Corp.

Suclair OLY

Smith, Kline & Frenchi

Secony Mobil C

South Puerto Rico Sugar

Southern Co.

(The)

Southern Natural Gas

Beuthern Pacifc Co..

Southern Raliway (Com)"

Nperty Rand

fundard Brands

Standard Oil of Cal, Stendard Dil of Ind. Standard Oil of N.J. Steel Co. of Canada Bierp Rock .... Hering Drug Co. #tokely-Vap Camp.

Bione & Webster

Sunaline Mining

Budebaker Packard Corp.

Switt & Co.

Text Co.

Textron Inc. Thinkot Chem, Tide Waler Oll Time Inc.

'Trader Finance

Travelate .....

Tri-Cont. Warrants

Twentieth Century Fox Film

Union Carbide

Union Oit of Cal

Union Pielis Hallway

United Aircraft

have

Bald 73-year-old Mr Carpen- About 92 per cent of its busi- ter: "Wo haven't a grond nylon ness is in the heme maritet. Soup our sleeves but wa it has felt the chill wind of the many

new products coming American recession,

nlong."

Talking to other excentives here

I learned that Di Pont is now right out of the rayon busi-

ness.

Historical turbine craft restored

for public viewing

Gains took the upper hand in dollar

General stocks, with Motora anti Shell ench two points up

Oils Re-Eawed gently and were a shade lower on balance

teas and

Rubbers easier UPI.

inelined

Closing prices

British Government Securities

Consolidated—£41-15/13 Conversion-33-15/16

24

3

3. Savings 1025/05-200-15/16,

Baving 1960/70-79-1/10. Saving 1905/75 £7114.

Over Bonds

4. German (Dawes)-29GIZ

Japanese, Assorted-183.

Banks & Inratices

Barclays Ord-70s od.

Chartered Bank -02s dd.

Guardian Ass.rance-142 9.

Hongkong Bank-10.

Lloyds Bank

Lombard Banking Orl-2, 1998.

British Fetroleum-in ed. Burnish Oil-461.

Shell Transport Ord--1583. Royal Dutch -100.

Ultramer Company-15

d.

Stools & Engineering Babcock Wilcox Diddle 3d. Tube Investments-Dis del. United Steel 1d. Vickers Ord.-13.

Electrio

Asec. Elec. Industries-454 3. Elec. & Mui. Industries 3d, Englur Electric Ord-37 20 General Electric Ord-a. Philips Landestrials

Works-139.

Parliari Cement-Di

Acco

75d.

Borax (Holding)-19:34.

Rubber Ord. -24; 6d. Praat Land-139 Sd. Gilman (Holdings) Ord-to 41d. Hudson's Bay£ International Computer-145 Dil. Rediffusion Ord-400 100. Turner & Newall Ord-72 Unilever Ord-160 34. Westland Altcraft-17% 415d. Wiggin's Tenpe Org-31

€120.

10:9d.

Chemicals Imperial Chemical Ord--72s 1011⁄2d, Monsanto Chanticale Ord-23.

Paper Bowater Paper

Ord--513

De La Rue Ord-81 3d.

Tobaccon

British-Amer. Tob. Ord-on 3d. Carreras "B" Ord-43 4. Imperial Tobacco Ord-876 $150.

Motors

British Motor Ord-108. Hawker Siddeley Ord-20% 30. Jomar CATE Rot-ovco

700.

Standard-Triumph-12 30.

Textiles

Callen Printers Ord-13% 450, Coat &P) Ord-47 d. Courte ida Ord-41s 100. Fine Spinners Ord-208. Lancaditre Cotton Ond- 94. Blares

Great Univeral Ord-Alls 3. Lyons 13) Ord-135 10. Marka Spencer "A"

7150.

Turbinia, the 66-year-old Tynesido steam vessel that once made world history, is now berthed high and dry on the Town Moor at Nowcastle upon Tyne in North East England. Sho is restored and back home so that people can see her as sho was when she startled a great gather- ing of naval experts at the 1897 Spit- head Naval Review in honour of Qucon Victoria's Diamond Jubileo,

Turbinta, 100 feet long and of already been used for driving nine feet beam, insuzürated, electricity generating equipment new epoch in ship propulsion by on land. Now, it powered Tur

Thebinia to weave in and out of was invented by the late other craft at the Spithead Re being driven by a turbine. Sir Charles Parsons, of New- | view at speeds up to 34 knots. castle upon. Tyne, and it had

That showed the world what the turbine could do on water and gave a hint at what great part was to play in future.ship propulsion.

HONGKONG

STOCK EXCHANGE

Cóm

Eventually Turbinia was cut into sections. The stern, with the turbine, was preserved at the South Kensington Scienco Musqum, London. The stem and boilers stayed in Newcastlo upon Tyno. Tum years

tho ogo museum offerød (le portion to Newcastle

City upon Tyno Council

The North East Coast Institu- tion of Engineers and Ship- buliders undertook to raise the Busincas done at the Hong-money to reconstruct Tubinia

and

10 to help substantially this Stock kong

Exchange

bulid an annexe to house her. morning amounted to approxiThe work on Turbinia, includ- mately $5,000,000. Noon quota-ing a now midships scolion, was tlens and the morning's trans- carried out by Wallsend Slipway, - nctions:

and Engineering Co. Ltd, on The River Tyno where the ship was bom. The vessel is now restored as her proud old self- except that she has glass panela in the side of the hull so that people can 200 her making turbine,

Shares Buyers Sellers Bales

HK Bank 442 440

123 444

044 100 wo 440

GO 444

Whart Co.

X.D.

430

100 430

Talkso

Dock

20 20%

2004 70

10X GAM

... 21

*

Whockock

15.70 15.80

20 7015

500 G 70 500 7815

100 + 70 2006 701

15000 22

417022

history.

She stands in a glass-fronted Museum of the unnexe to Selence and Engineering on the edge of Nowcarlie's Town Moor -a great open sanoo of parit- land lying alongside the main | London-Edinburgh highwayY,

And the works that provided original machinery Turbinin's 100 14 continues to make world history 14000 or 18.90 with giant turbines for electrical

2000 e 18.00

turbines are GOOD 15.20 power (marine 1000 r. 15.70 now bullt elsewhere on Tyne- 17200 kr 15.00 side). They built some of the 000 $3.99 turbines for the world's fret

4000 + 21,00

7000 or 15.90

1500

B00

100

15.00

138 1000 i 30% 800 or 20. 2000 20

18.00 full-scale nuolear power staiton at Caldor Hall, in Cumberland, and today they are bullding a 500,000 kilowkit machine for the Tennessee Valley Authority". It will be the biggest turbino ever to be exported by any country. They are manufactur- ing four other 600,000 kilowalt and one $30,000 kilowatt machines for Britain's electricity requirements.

47 3000 Ft 47 2300 6 47 1500 40

73 78 2100 or 70 *400 ve 19 10000 73%

HK Dock

Ch. Prov.

3017

NK & A.

Hotel

-

4095

10 Land

Ord-1941

1000 (# 2011

(Ragista)

અક

55

120 65

120 or 0435

Youmall

XD

130

110

000 130

100+ 130

1000 140

200 + 130

serve

33 3091

500

.. 30% 30%

Tinted Drapery Ord-G39 3. Woolworth 15.W.) Ord-578 30. Aliscellaneous

Bowmaker Ord-241 714d. Canadian Pacine Ord-444, Cunard Steamship Orm. Hongkoor & China Ga-15. Land Securities On-283 30. T. LO. Steam Nav. Def

tol Theatren—100 sigd.

De Beers Ther

Petaling Tin-11 103. Rio Tinto Bearer)-2-3/10. Ioan Antelope Copper- lotsd. Union Corporallon-480 114ch Welkom Gald Mining-1 d. Westen Holdings-1?0s sd.

Rubbers & Teas Anglo Indonezien Plant, is fel. Ceylon Tea Orch 30 d. Imperial Tea Oni-16#, Kuala Limtr-Kenny [k]. Larobak Rubber-853 716.

—Reuter,

Synthetic rubber

HK Tram..

Ch. Light

Electric

Telephone

In 1960 it managed to notch up a new sales record of £705

London, Apr. 0. million. But this represented an increase of only one per cent.

The Financial Times selent)- It was

lle correspondent says synthetic not enough to offset the pressure on profit margins, At one time it was a big pro- "natural" rubber is now avall. Earnings fell. And dividend ducer. It had four plania turn- able in development quantities on common stock was cut from ing out this oldest of man-made in the United Kingdora from the First $7 to $0% a share.

Abres. Three have been closed. Shell Chemical Company. 34 has Ha headquarters In

Is chairman Carpenter, sun- The que still working makes produced us a Shell product in 191 tanned from a Florida holiday, rayon only for tyre fabrics and the United States, a new plant le (population 100,- 000) which Americans proudly down-hearted? Not at all. He other Industrial purposes.

looks ahead with confidence. capital of

"I tell our people" he said "that in 10 years we shall have They are in a big central block all kinds of

industries 59that includes a plush hotel, air-ranged round us and I say what 13 line offers, dress shops and hair a pity it is that we cannot have

211 Wilmington,

103

42 cali tho

chemical

02

43% the world,

10

2014

Des

them tomorrow.

I

77

Quietly he told me: "Our be- 70%

lief here is that we are down to 64% in base line in our business.

new

"I question however whether

Instead the company pinning its faith on Nower synthetics in which it appar- outly belleros there is a brighter future.

atylists..

Up on the executive floor

Batides nylon, these biclude met Mr Walter S. S. Carpenter our rate of growth will be an Dacron (samo on Terylene) and

Chakman of the Board and great as in the last 10 yours, wool Orn. 41% an "elder statesmon" of USA That would by too much to: This in a talking point in con-

industry.

hope for."

nection with Deliaiva Cour Even so, with its eye on the taulds Limited, which dominates future Du Pont spends around the rayon world back home, 800 million (£34 million) a year

Some years ago It acquired a on research,

bis

the foothold new

In Its laboratories on the town American

rayon market to side of Brandywine are started replace interests that had to be that before by 9,000 scientists and sold in the war. spring in over there will be atéchalciens. 2316 turn for the better and that we 100% shall be moving forward again with Industry In general."

754

30

LESS FORTUNATE "We anticipate

1105%

'BRAIN BOX'

I am told they do A wider

3011 But he warned; rus quar- variety of research work there

Of course consumer irenda Fritals and the USA may be widely different. Du Du Pont's decision is at least intriguing.

500 650

Mr T. S. Nicol, secretary of 1373 or 4 the Institution which has rated

500 V 30

1500 3 1000

funda for Turlania'a

restera-

tion, also raised money to pre-

tho

at caitago homo 100 139 Wyłam, Northumberland, where George Stephenson, of Rocket railway engine fame and tha "Father of Railways" was born," The cottage was later presented by the Institution to the National Trust. Mr Nicol told an LPS correspondent recently. "George Stephenson seż a great man bus he simply carried for- ward the steam engine'idea for his improvement of the railway engine whereon Sie Cherles | Parsons brought out an entirely new type of steam prime mover. The Importance of his bivention and his future worlt cannot be lover-estimated. "-IPS,

2500+

100 e 3 100 3713 2300 3 1500 @ 37 5000 or 307% 200301 10000 30% 37% 3% 4000 a 30%

19:500

1500 33

4550 40% 1207 @ 46% 300 44 453% 1000 or 4835

130 68 45%

3000

2500

43

451

2200 & 453;

2000 # 45%

100%

200081

1

стр

20000 000 # 67 3000 67 2035 1000 *7!*

500 #7

Cement 00

being put up at Pernis Rotter-Dairy Fath

301 3015 Watson XD dam.

9.45

1000 a 18.10

QA 1000 €36,49

0001

The Financial Times corrca- Allied Inv. 11.00 10.10 2009 12.30

зав pendent adds that Shell

polymerising Texille Fuccreded In impreno and so produce a very good synthetic equivalent of natural rubber-Reuter.

UNIT TRUSTS

First

ex

Nawing ..

A. Rubber.

n That..s Humphreys

Hongkong Fund, divident: #138 (buyer); $1.42 | Mlar. (seller).

Second Hongkong Fund: cents (buyer), $1.63 (seller).

Bald

National output

London, Apr. 5.

00

Torry Int') Invest, 113. & F..

Inv.

The Conservative Governintat today Britain's BIOS3 national output in 1900 Into £28,202,000,000 a rise of 0.75

per cent compared with 1989.-

0016 ter's earnings will again be off than any other industrial "brairi Recepily Courtaulde lips treen 12775 as compared with a year ago." box" in Anerica

The Du Pont enterprise har

Quilvely "diversifying"

This year the firm will also 1 widor fvida." This could Ho (4173 mil- why-London xpress Bervice. * been less fortunate in its trad- spend $200 million

AP'.

3000 à 6.65

3000 $45

14% 14.00 1000 EP 14.00

3000 14.70

2000 8 14.60 7.04 7.10 0007.10 10000 # 7.00 6.03 839 2009 @ 0.10

0049 20.70 1000 20.00

204 205 tuo ten!

143

14.70 1000 #

PRICE INCREASES

Paris, Apr. 5. Two leading French motor manufcturer Citroen gud Feugeot announced price in

erçoses today.

The rises valy, secording, to the model, but they average two to three per cent,-fouler.

Exchange rates

Diuinate whey dɔho in the local unoicial exchange market· Irim moaning at the following categ 1,6. dolar (por. #1) Berling notes (per 21) Australian noire-iper, átj

1000 4 14.30 § Indonesian Zhupando (per 100i

Bugspora {{FR{A}

21.20 21.40 1100

WAS

diman

4.70 44

Axis, Nev... 216

Craw

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