1961-04-18 — Page 2

THE CHINA MAIL,

TUESDAY, APRIL 18, 1961.

Wall Street gains

Now York, Apr. 17.

Business machines, electronics, oils and

special situations scored heavily today, on

while the overall list closed irregularly higher.

Activity was heavy with the Goodyear Tyre

tap running Jute toughout Great Northern Halfway the norular

Grumman Aircraft reveral timeT: In Quir out

the alternoon stad at the close, Hammond Organ

Firma Walker

Volume run well above 1st amesake Mining Co. Filday's rule.

Buslues Mallic Power

International

chings,

Smith-Corona,

MeBox and Sperry

Husman Iefrig.

Imperial Of

Royuerlat Tobacen Iland were Ingersoll-Itand

trong in the burges machine group

Inland Steel Co Interchemical Corp.

Kerr-McGee, Jersey in Business Machines

and Kerani Harvester

Standard, Gulf Oil

County

moved Innd

harply in the ells,

The

Duw Jones

industria!

averagu tacked on a couple of

thanks to pints

up cure Procter and Gamble,

sted and motor Than four

Praes were fractionally higher.

OTHER GAINERS

Other

tren.

White

International Nickel

International Paper

Ja Te Tri

Julma-Manville Co.

Kaiser Industries

heavy trading

Norfolk & Western By, de North Amer, Aviailun

....

Nurswest Arlines (Com.)

10615 | Bouthern Railway (Com.)

Sperry Stand

Biandard Branch

2515 Standard Oti of Cal

HONGKONG STOCK EXCHANGE

Buzingas done at the long- kong

this Stock Exchange morning amounted to appro- $3,200,000, Noon ximately quotations and the morning's tenosactions:

130 / 416

LONDON STOCKS FIRM

London, Apr. 17. Stock markets brightened in front of this aftemoon's budget speech and inves- tars ware still buying loading industriols.. Englacering shares were particularly

Babcock

moving up.

favoured

Guest Keen

and all

Wilcock and

Steels were mostly better and electricals generally Arm.

い

012

40

428.

191

50%

ra

211

242%

Oklaig Nal, Gan

Buyers Seller Shares

410 50K Bank

Abteя

Vickers,

420

20 22 420

#3

Os Elevators

15

Standani Oil of kid,

146

Owen-l'nuts Glas

Standard Ou of NJ.

402%

50 or 440

* 4014

Oxford Paper Co.

334

Sterling Drug Co.

Pacife Gas & Elec.

| fitokely-Van Camp.

5116

Jan Anserienn Airways

10%

Stone & Webster

วง

Paramount Peldres

83

Studebaker-Packard Corp.

11224

Parke Davis Co

413

Sunshine Mling!

Penny J. C, Co.

40

Swift & Co

442

Texas Co.

1022

Textron Inc.

2712

Who?

44:0

410

445

Tattoo Dock 15

76

400 70

400 75%

400 20.00

..

14.00 15

פון

ינס

4415

53

Phing Morria

Pitney Bow

Procter & Gamble C

Pittsburgh Plate Kilans

Portiand Den Hec.

21 Thinkol Chem.

Tile Weter Oll

ime Inc.

101% Traders Finance

Travelers be

3077-Cont. Warrants

CO), Twentieth Century Fox Fib

Union Carbide

30% Union Oli et Cat.

0314 Unton Pacific Hallway

United Aircraft

United Fruit

United Gas Corp

US Gypsumm

Hepubile Steri

T

Kauka. Power & Idghs

a strong

Kenneenit Copper

Kimberly Clark

Lingelt & Myers Tob. Co

921

Publicster Industrier

Putro

I jaion Ind.

y al

Pure Oil

-1202

Lockheed Aircraft

40

Hadis Corporation

Enews, Incorp.

Lone Star Verment Co.

tadia Comp. Piet. Raytheon

Lorillard T.

in-

Lowenstein & Suas.

161

54% Steynolda Metal

BOEP

Beinake Tobac

110

Roy

37

33 Royal Dates

Royal Brak of Canada

733

41

18hrem MIK.

1015

UB Lane Co.

GAUS Rubber

45 US Smelting

464 US Sleat

43

Saint Reg. Paper

38

US Bieel 7 P.C. IF

37

Schenley inc.

387

30 Scott Paper

100

52'inclair Oil

44

20

Smith, Kine & French

B0%

453

19

strong gainers chided. Reylan, Pfaudler, Nat

Motors, Zenith,, CertainTeed. American Broad- casting, Avnet, American Hospi- tal and Perkin-Elmer.

American Home Products was

a weak spot, losing around 10 points, Korvelte dropped around two, Helene Curtis nearly three, Brunswick, Simmons, American Telephone and Norwich around

one or more.

Today's volume was 5,000,000 shares,

Of a total 1,321 shares traded! 631 were higher and 477 lower. Amerlean Exchonge volume

was 3,830,900 shares.

Bonds voltme aunted to $7,000,000.

Dow-Jones closing averages

30 Industrial

20 Rats

E08.72

142.3

15 Utilities

112.4-1

$5 Steeks

230.77

40 Bonds

86.11

Comm. future prices

inlex

144.94

Closing prices

Allied Chemicals

Abbi Pwr. Paper

Alden he. Acy.

Algina Steel Carji.

Allied Mile Ine

Allis Chalmers

Am. Brake Shoe

American Altine

American Cable & Radio Corp.

American Cyanarald Co.

Am. Gas & Electric

Am. Home Prod.

Am. Mach. Ze Fidry

American Metal..

Ain. Naturai Cian

American Smelting

Am Bugar Hef..... American Tel & Tei

American Tsh.

Ansecada Copper

Arnice Sterl Armoir Anbralon Corpo Atlas Cons. Mining Balwin-Lima-ifam. Balkmore & Ohio Bank of Montreal Ureche Saveri

B. C. Tel Co.

Del Telhas fie

Benicial Finance

Hejulix Aviation Corp.

Cana. Brewers

Campbell Soup Co,

$35

0315

1

40

661

123

11

MeDermott J

McDonnell Alteraft

Merek

Mesab From Corp. Minnesota Mining

Minion Development Muttsanto Chessien) Co. Montecatini

Menigomery Ward Motorola Inc. Nattoral Bent Co.

rational Cash Brg "A" National Dairy Prot National d

National Steel Corp. New York Central

Nanda Mine Ltd.

Why

120eur, loeback & Co.

Shell

2014 - Safeway Stores

B4 Siegler Corp.

68% | Socony Mobil Oll ........

8192 South Puerto Juleo Sugar

573% Southern Co. (The)

11+

Southern Natural Gas

4 Southeri Tarine C.

Wensee, Bros.

Waukesha Motors

31% Westinghouse Air Brake

Westinghouse Elreizte Western Union Tel. Co. West Vo. Iv'e & Paper Winn-Dixie Stores

Woolworth (K. W

499% ¦ Sentih Radio

2232

HK Gay XD 2040 20.20

Wherinek

10 418

410

20418

250 $16 20416 100+10

520.70

2000 14.03

Gold shares cased after 7 quietly firm opening and closed on his note.

Dils

with irregular Burmobs and Shells up around id.

were

Teas hardened but rabbers

attracted le attention,

Foretan bonds were negleet-

2000 14.50 ed—ÚPI

2000

14.00

1000

14.75

300

14.8)

3000

14.03

1000 14.90

1051

AK Dock.. Penyklent

114

17

DRUGA 115

20.00

38 tutel

47

1000 47

1437%

60% Land

74 74%

Sears Roebuck

are confident

By Alexander Thomson

Chicago, (By Airmail).

America's "master merchandiser," Mr Charles H. Kellstadt, works in a surprisingly small room. But a Stars and Stripes banner behind his desk gives it an air of modest splendour.

He is head of the fabulous Roebuck enterprise Sours which it is said that Mr Isaac

Wolfson has modelled his

Gront Universal Stores.

on

own!

I ex- "These changes

are not start- the bottom of a saucer. pect it to turn upwards in the ling," he added. "But they are

there." next 30 to 00 days."

In

740 Sears Roebuck OWTIS stores in the United States, and hul bas In the last two ond a

a mail order business in weeks I have talked to bankers, 140,000 catalogued items. steelmakers, chemical manufac It sold a record 4.134 million turers and engineers about dollars worth of goods ranging economie trends in the U.S.A. from diapers to diamond rings Now it was a retailer's turn,

in 1960, "Business," said 64-year-old Mr Kellstadt, "is skating along!

Arab states to set up two organisations

Bagdad, Apr. 17. The Arab states have agreed to establish two organisa- tions with a total capital

Sears recent years, Roebuck has been spreading out from pure merchandising. It has been diversifying Into other fields.

Son 17%

500 or 474 1000 47

10047! 250 75 200 A 7412 200 74 100034

2413415 20074 2006

10 50

210

Kl

R

402 20

Yaumati

23$

FX5

K Tran

37 37

200

ChLight

35 3615

UK Elec.

:

100 un 134

380037

100% # 307

309 31

1500 342 3424

Closing prices

British Government Securities 2. Consolidated--£41-13/10. 3 Conversion£50-10/10. 1 Savings 1933/05-£91-1/37. 3. Savings 1960/70-270-1/10.

3%, Savings 1086/77192

Overve Bonda

5. German Dawes)-95 xd. 5. Japanese. Assented- £151) Hanks & Insurances

Barclays Ord-70 ct.

Chartered Bunk-01 Det.

Guardian Asettraner-1495 34. Hongkong Bank-£19.

Lloyds Bank...öða.

Lumbard Banking Ord.-22. Prudential Amour. "A"-23.7/10.

Oll

Bellish Petroleum-50%.

Burmah 0-78 90. Shell Transport Ord-1575 ch. Toyal Dulch-10-1/20. Utiramar Company-34% 450.

Reels & Engineering Babcock & Wilcox Ort-36 d. Gusat. Keen Ord-90 d. Harland & Wolf Ord-1 ed. Stewarts & Lloyds On-500 Ft. Tube Investments- United Steel-7 kl. Vickers Ord-345.

Electric 100334 Assac. Elec. Industrieg Ba, 1900 35

Elec,& Mus. Industries[k]. Ord-3TH Pd. 1000 12

English Electric 3312

General Electric Ord-31 D Philips Lap. Works-12-13/37. Redifusion Ord.-45% 10.

Industriais

1500 15

1300 / 35/4

2512

30

200 35

1000 3515 2000 or 351-

400 » 354% 20003519 5033533 750 M 1544

500 or 30

#500 + 30

ilk Tele.

401

47

It has had a big success, for example, in insurance. Income laz. 1. coment from its Allstate Insurance Co. | has doubled since 1958.

"We are now actively survey- Ing the possibilities in other service Industries, Kellstadt

old me,

So despite iis

dynamic Is still growth, Sears Roebuck

Its search expansion mined.

0130 money, that in £1,470 million, or more than qparler the size of our yearly Budget. This

concern remarkable celebrates its 75th birthday this year, a story is as fantastic as any in American big business. 1080. A young railroad agent, Dick Sears, set up on his own watches. He bought trado in dheet from manufacturers, anding in sold through the post.

advertised for

do customers' watchmaker to

Roebuck, 23, Alyah applied for the job. He got it. the first 1803. They formed

1887. o

of 52 million dinars. The repairs.

first is the Arab oil!

tankers company with a¦ Sears Roebuck and

A

capital of 35 million Roebuck soon grew nervous at dinars and the second, the way their firm was run.

Benguel Cuny.

Bethlehem Steet

Boeisut Airplane

Florden (her Co.

Burroughs Ade Machine

Brithm Amer. Out

33

British Columbia Pwe.

and

Calif. Packing Corp.

47

Catin, BR, of Cort.

47

10011

Canadian Pacifte .

ET

Case (J. L.) Co.

Cat. Tractor

34

Celanese Corp.

342

C. I. 7. Financial Corp.

031

Chose Mental, Bank

126

Chrysler Motor

40

Cluets Peabody

62

Colgate Palmolive Co.

cod of

PO

Council day

1837

ctored tonight.

705

Colombian Carbon Cu

Commercial Credit

Corning Glass Works Connalldsted Edison Consolidated Paper

Continental Capf Del. Contmenat Ol of Crane Co Ciman Zellerbach

Cubina Aimer. Delaware'

Sugar

Hudson Co. Diamond Nali Dillers Sengramy Dominton Stores Douglon Arerats Dow Chemical ..... Dupont de Nemours Eastern Air Line

Eastmon "Kodak

Pam Natural Gen

Family Finance Corp

Ferro Corp.

Firestone Tyre & Rubber

First Nat. Cuy Bank

Ford Motor

Georgia Facile

General Dynamies

General Electric

General Foods

General Motors

Gen, Pub. L.

Gen, Tel. Elre.

Gen. Tyre & Rubber

Getty bi

Glidden Co.

Goodrich (1. F) Co.

WHEN SELL

DUY

TECHNICAL

ANALYSIS

On Stock Trends

Besearch Dept. PERENNIAL TRADING CORP. $16-815 Káturghi House

Hong Koog. To: Firm, sk204

the Arab International |

Airways with a capital of 17 million dinors.

BUBBLE BURST Dick Scars

was a dashing salesman, He thought little of This was announced at the offering goods they did not the Arab Economic have and often could, not locate.

1093. Certain meeting which

that disaster was on the way, Noebuck sold

The last meeting endorsed his one-third share to Sears for the two projects and decided 20.000 dollars,

to hold a complementary meel- For a while he worked as an ing al

Damascus within the employee. Then he left to start next two months to discuss a business of his own, making

ther Items

the Bagdad zinema projectors. 4315 | ngenda on which delegallons It prospered. But in 1924

in

trok no decisions,

Subjects left

for the

increasing competition made next big nervous again. He sold out meeting include: Arab common for 150,000 dollars. He weat

market;

Arab economic unity: to live in Florida.

exemption of Arab organisations!

and companies

And now the story takes from localpoignant furn. Roebuck.

A

60

40% nationality; and freedom of cautious all his He, began

(rode 'exchange among

states,--AP.

Metal

Arab speculating in real estate at the

inge of Go.

market

review

New York, Apr, 17. Copper Futures today closed

for new ideas, and new SUC- cesses, shows that,

400 to 47

150 47 12304015

5004834

10047

570 or 40*4 100 GT 47 1000 - 40%

100 cot 509 CIT 2,12 koja oz

Bairy

Form

39 702.

1000631⁄2 500 394 1900 39

503 3024 500 38% Watson

45% 40% Allieri T. 21.4 11.00 400 11.00 1000 13.50 Textile

ย C.10 1250 5.10

70008.05 Nanyang

END PIECE. A guard work-

Chiengo's Institute of Realty Ari owns 178,000 dollars worth of Sears Roebuck stoelt, A Star former employee, he collected under the firm's retirement plan.-London Express Service.

UNIT TRUSTS

48

+

A6300. Portland Cernent-50s

floardnian Marden Ord- lad. Horax (Holding) -20% 7. Decca Recorda Ord-72 30. Duntop Rubber Ord-201 Gilman oldings) Ord. - Turner & Newall Ord.-75 Unliever Ord-101.

Bld. $14.

Chemicals Imperial Chemical Ord-13: 412d. Monsanto Chemicals Ord-25.

Paper

Bowater Paper Ord-Cle De La Rue Ord-60s.

Wiggins Teape Ord-539.

του μετος

British-Amer, Tob and shed.

Carrera

Imperial Tobacco Ord-Cis Bl.

VOLOTE

British Mator On--18 19ad. Hawker Sluddal

ON-21 Jaguar Care

Rolls-Royce Ord-48 10. Stendard Triumph--121 101, Westland Aircraft-17 7.

Textiles Calleo Printers Ord-15s 114. Courtuks Ord-445 110. Fine 8planera Ord-270 . Lancashire Collon Ord-00 7150.

Dreweries

Distillers Co. Ord-37 act. Ind Coope Ord-229 Bd. Watney. Mann Ord-021,

stores

Great Universal Ord-80s 6d. Marks & Spencer "A" Ord 1004 30.

United Drapery Ord-63_714d. Woolworth

Ord.-541

MF.W.1

Miscellaneous Bowmaker Ord-20s 4114. Canadian Pacific Ord-$43. Cunard Steam-hip Ord-19%, Forestal Land & Tiniber--

Amal. Rul. Rush. Trust City Hotel,

6.00

03

1

Որ է յ

300

导

2.40

10002315

B000 2.15

204)

201

300 7 202

100

202

Glimon

4573 1000 or 455

7154.

2000 4.1003

Asla Nav.

Entertain. Humphrey's

1.33

2135 or 1.60

36.20

14.40

21.00

Kelantan

Kwong Sil

Hong Rope

10

28.00

2.00

90

First Hongkong Fund, ex buyer), $1.39 dividend: $1,31 (soller).

Second Hongkong Fund: cents. (buyer). $1.01 (seller).

Agreed merchant rates

Swiss Francs: Maximum Sell- Ing 74 11/10,

In invent B.K. & FE,

Exchange rates

Busine was done In the local unofficial exchange

This market

neming at the following rates:

US. duller (per $1!! ....... Sterling notes (per 21) Australian nutes (per £li.. Indonesien pin per 100) Siam Ucal (per 100) Singapore (Straits)

5.793

15.00

12.78

3.1

20.60

nd.

Hongkong & China Co Judson Bay Co.-C. Land Securities Ord-22# Dd. P. 4 O. Steam Nav. Def. 47h od.

Mines

De Beers Def-133s 11id. Mount Isa-495 Dd. Petaling Tin-12s ed. Rio Tinto (Bearer)-430_d Boan Antelope Copper-a. Tinion Corporation455 79. Welkom Gold Mining-13s 3d. Western Holdings-11 d.

Rubbers & Texa Anglo Indonesian Plastte fuck. Ceylon Tea Ord-02. Imperial Tea Ord-15s. Kuala Lumpur-Kepong-3s 04. Lambsk Rubber-558

-Reuter.

COMMODITY PRICES

In Florida It was booming COTTON

The bubble burst in 1929.

time, he had held on too long.

His money was gone.

ps

Four years later, at 69, he went

back to work for Sears Roebuck A travelling "show-piece" Cebu round the company's Ib.

stores,

Alvoh Rachuck, who missed a billion dollar chance for a cer- '

17 to 24 points higher with sales of 206 con- a relatively poor man.

lain 20,000 dollars, died in 1948

tracts.

reflected

re-

that the

His portrait hangs in the Scars Steadier Lone

Rocbuck untrance hall. It faces parts of a continued strong spot one of Dick Scars who died in

1014 worth 25 million dollars. market might be able to absorb Charles H. Kelistadt, the present And now, in 1961, here was Mr Jounced by Kennecott Corp last chairman, talking to me about

demand and a bellef

the Increase In output, ол

ir ather producers

do trading prospects. nol follow. Prices closed in

week.

cents per 1b:

BIG SUCCESS What encourages him to look May 29.70B: July 20.75-76; for an upturn in business? His Sept. 20.00; Oct 29.03; 20.58; Jan 29.51B; Mar. 29.44; explanation fa altaple.

May 29.10.

Dec.

In London, the fin market was

Rolca steady with

of 45 lote.

Spot remained unchanged but

"Our interests in Canada." be sold, "felt the recession neming on before we did in the United States.

"It reached them in the first three-months jumperl two points quarter of last year. We did not to £84234.

The couper market remained get it until the second quarter. quiet in London today, but im- "In the past three months, we

done proved later on some influential have

much better ir buying

Our salca in certain

NEW YORK

34.00-30

METALS

NEW YORK

Juno

Apr/June July/Sept

Oct./Dec.

Two-deck aircraft for car-passenger

ferrying

An aircraft which can bo used either as an "Airbus" with cars and passengers or as an air forry carrying 114 passengers is being given design consideration by the U.K." firm, Armstrong Whitworth Air- craft, of Coventry. It is based on the 650 Argosy freight and passenger air- craft.

The new development woaki be an advanced verslun of

The Ann say that in the design an studies of the new 010

was con-

B

3

Argosy type proposed over the the twin-bnom tail configuratio

the wing and crew layout would be inst ten years, designated

retained but the AW.070 hos AW.670 series. This sidered as

double-decked fuselage an alteraft capable large of carrying six average-size ¦ with a main hold foar. 69 ft. teck long, 15 f, wide and 7 ft. 2 in. family cars on the lower and passengera

the ou the upper high. The overhang in

docn deck. The new version Is con-trent and rear clamshell

hold the available sidered in terms of eight cats and increases

32 passengers en two decks or length to 61 ft. 10 ins. for car

a passenger complement up 10 ferrying, 114 passengers.

A spokesman for the firm days

the Behind the wing,

a rear

caravans

hold that two years of flying ex-height is increased to 9 ft. 2 ins. door 650 and this, with perlence with the Argosy series has given the designers aperture 8 ft. lus, high means

most touring performance concrete

Agures that on which to work. This, could be accommodated. allied with the "stretch" design- from the ed into the Argosy

an outset, would make possible even larger version retaining all the attraction of the Argosy's

operation.

economy

The original Argosy first flew In January, 1959. Both civil and milltary versions (type AW.050 and AW.660) are already in

for quanilly production operators and the RAF.

a wing- The Argosy 050 has span of 115 ft. a length of 10

ft.

civil

is narrower The upper deck than the main hold and faired naturally from the standard Ar- Easy crew compartment to give aerodynamic a good low-drag form to the rear fuselage.

In air ferry form, the aircraft would be able to carry eight cars in the hold and up to 32 passen- gers on the upper deck at a speed of 240 m.p.h.

The undercarriage could be ins. and a height of 27 ft. quickly converted

from fixed,

It is powered by four Rolis- for air ferry operations, lo les Royee Dart RD turbo-pron | tractable fer airbus operasjons engines.

100,000th passenger

on SAS DC-8 jets

the

As a 270 m.p.h. airbus, aircraft would carry up to 114 passengers, the large windowa, high wing and retractable widercartinge giving them a wide fleld of view.

Arenstrong Whitworth's studies indicate that a turround time of as little as ten minutes ecuid One hundred thousand pas-be achieved. Refuelling points sengers have flown Scan- on the undercarriage is megt dinavian Airlines System that the aircraft could be fuelled without Interfering with cars cr DC-8 jets since the air-

the refueling passengers and line introduced the 950-fate is such that the fuel ne25- kilometro

transports

hour

months ago.

round trip such as (600-mile)-an-sary for

Channel the English eleven across

could be transferred in a pump- ing time of two minutes using only one refueller.

at both By using the doors ends "straight on-straight cf" be possible. car-loading would

The milestone was passed

73

SAS storled the biggest summer iraffe programime in its history.

The

the

SAS said the 100,000th passen-With the starboard row of four ger was carried on the airline's cars facing forward and the four route between Europe and New on the port side facing ait, York. The SAS fleet of seven driven? doors open on to DC-Bs have covered a total dis- gangways iance of 6 milion miles

han nine nillion kilometres).

SAS DC-8 operations

near the fuselage (more sides. This means that vehicles could be rapidly driven en ond were off using the fuselage walls a

of Cars

opened on May 1, 1950, between reference. The rOWS

A would move simultaneously in Scandinavia and New York, month later, on June 9, the In- opposite directions with complete atiguration of DC-8 ærvlees be-sately,

In air ferry form, the AWM tween Scandinavia and the U.S. West Coast over the Polar route would be able to carry a 25,000 was highlighted by the partici- lb. payload for 140 nautien! Mor-miles or 20,000 lb. for 420 nauli- pation of the Princes509

of cal miles, with full allowances grethe of Denmark, Astrid

of in each case. The airbus weald Norway, and Margaretha

carry: 20,000 ib. for 350 nautical Sweden.

full allowances. the miles with LPS.

The companion roule of

Polar SAS

System-linking Europe and the Far East--was

2014-2016 Inaugurated on October 11, with over the the first DC-8 Aght

It was also North Pole.

the regularly scheduled

General markets, c.i.f. basis, porta: Apr.

thick May... 271

AMSTERDAM

Closing prices all in guilders per kilogram, c.i.f. Apr.:

147 buyer 2.00 buy

-UPI.

2014-201

2014-201

20%-201

MAY...

tinquoted 2014-2011

Estate crepe thin

2015 May

Closing prices all in cents per

Closing pricen all in cents per Ib.:

Spot

13.65 rom

Irad May

10.33

May

34.70

July

10.39

Na, 1 rubber

Jetty

21.30

Zinc

May

No. 1 crepe

01.

July

31.34

3450

Copper May

20.71

Mar.

35.10

July

25.70-20

May

July Oct

13.02

Closing prices all in cents per

1b:

1100

Buyers Sellers

32.77

Tin

July

33.33.

Sommenth

04215 043

Oct.

EXC

34,40

Mar.

55.00

Copper

#jit

0341

2204 22019

May

2547

Sao Paulo Average prier in US et is designated spot markels: 31.40 cat. Tolal safe: 33,992 bales.

Lead

LIVERPOOL.

3-month

Spor Jesuith Zinc

Spat 3-north

2302%

Canada

Got

England offstal

67%

013

po-daya

03

Ausitania

เว

New Zealand

Other unelianged,

3403

Closing prices all in pence per

American Contract

LONDON

Closing prices, all in sterling per long tun:

Spot

RUBBER

* FOREIGN

EXCHANGE

NEW YORK

Closing rates:

30-day

LONDON

Closing rates?

New York

Montreal Amateriam Brussels Copenhagen Frankfuri Lisbon Oilo Closing prices all in pence per | Paris.

Atocktiolm Tb.:

lb.:

May

2425

Juły

24.00

,

Dee.

24.30

Mar

May

24.03

Mixod Contract

Canada.

Copper spol was quoted at parts of the States that were hit £220 white three-months wat before the rest of the country.

May

24.03

Judy

OM

24.10

at 4230 per long ton.

The lead and zinc were steady

are also beginning to rebound,"

Kellatod! paused to take

Dec.

Mar.

2010

Settlement house term:

A

.May

3,50

Apr.

2014-2016

Vienna türich

but quiet today-UPI.

I tilgtiọng call from Kansas Cl}.]

LONDON

No. 1 R apot*** 20%-20% Milan

2.1000

2.7955

1.7050

22231

*.72700

1,000th

flight on that route, ..

Under the SAS, summer traffle programme, up to 7,000 cats week will be offered

A

between

Europe and the United States all ch DC-8 pure-Jet flights.

The cirline la scheduling 21 weekly flights each way between Scandinavia and New York, aix

over the

London to Moscow

British

"

air service

London, Apr. 17. Europoon Airways and the Russian airline Aeroflot will open a com- bined, expanded, sorvico between: London ond Moscow on May 1, it was announced.';

flights a week in ozch direction between Copenhagen and Call- fornia, and twior-weekly flights each way between Copenhagen and Alaska, directly

Announcing final detalls of a North Pole.

commerelat agreement signct The expansion of BAS services with Aeroflot, in Moscow, inat to the United States is in a October, the British niriine with the airline's "Visit U,SA," said the frequency of their crimpaign.

services is to be increcrxi to

A major drive organised in three a week in each direction 1.01-4/33 co-operation with leading U.S. as part of revised, and in-

domestic airlines, holols and tour tegrated schedules.

UB.A." the "Visit

With Acrpfiot, BEA will offer operators, campaign is calculated to de-six direct jet, dayliine flights a monstrate tu European travellers weak in each direction.

The airlines decision to pool that a visil to America is within the means of the average tourist, their servloeg belween the two The drive la coupled with capitals represented the first Scandinavia" | agreement of its kind signed by 2.10-13/16-9.40-16/16 SAS's "Pleasant

rampalen, launched in co-opera-Russians with a Western airline. tion with the tourist organisa- It means the airlines split the Finland, revenue on a pooled route in a tions of Denmark,

predetermined railo." At present I'm Over the entire global aystem each airline operates two

Air-turn services a week to Moscow. frame

The pooling agreement. Is programme mrană an increase of similar to the BEA has with Bitines-China in Bvailable seat other foreign 22 per cent syri, jmften.

Mall Spreis).

2.709-27794

30.003)+20.0696

140.0113-140.0715

1036-1990s

13.10-14.304

0.10-0.20

PAD-FOOTY

13.71-18.11

14.484-14.46

12.00-71.96

Norway and Sweden.

operties by Bcandinavian lines System, the new