1961-04-25 — Page 2

AMBITIOUS PLAN

New industrial

for towns

Malaya

By Gregory Wong

THE CHINA MAIL, TUESDAY, APRIL 25, 1961,

Wall Street's worst

French crisis slows trading in London market

the

London, Apr, 24. French crisis slowed trading on the exchange today and caused stocks to see-saw gonfly." Little selling developed, how- 10- the buying resumed Industrials counters above their lows of the day.

Kuala Lumpur, Apr. 24. A multi-million dollar plan to bring added prosperity through new industrios to the west coast of Malaya has been launched by five state governments in this region.

Under this olan, new indus trial towns, similar to Malaya's Arst-Petaling Jaya--just out side the Federal capital, will be Penang. Perak, established in Selangor and Johore.

Recovery in UK

man-made yarn production

London, Apr. 24.

Will

The

session in months

New York, Apr. 24,

The stock market had its worst session in seven months today, showing on estimated paper loss of more than $6,000 million. Profi-taking and capital gains] Owen-linols Class

selling, touched off by interna lonal tenalons, caused con siderable weditness in all major down market groups, dragging blue chips and speculative Issues alike.

Oxford Paper Co.

make sites level; the final bell king many fate for the first 40 and the last Pure Oi!

Sembilan, Negri [11 Government available for establishing Indus- creating a new ties withou! | town.

These projects will be noncod governments and by the sintes from the M$7.5 million earmark- Second led in the Federation's

Five-Year Plan for industrial estals,

A total of M325 million ls ex- pected to be spent cn develop ing the five industrial sectors.

Vickers managed to gain 27/8 while Courtauld advanced 1/3 on news of their rayon plant re- suming full time work.

firm while pro- Steels held

Radio Corporation Radio Lop. Pret. Raytheon

HONGKONG

STOCK EXCHANGE

Our Own Correspondent

Business done at the Hona-

kong Stock Exchange this mori. inst amounted to approximately Noon quotations 77% $2,000,000, 20% and the morning's transactions: 372

Bugura Neileri Shares EBC Bank .. 414 416

Talkna Dork. 739

Balen

B413 40 410

200 $10

DO 414

BO PO 414 40410

12

Facto Con & Elec. Pan American Airways Paramount Pictures.

70%

en Ball Cu

Penny J. C. Co.

Philip Morris

Pitney Bowes

412

to

Portland Gen. Eier.

Procter & Gamble Co

34

Publicker industries Pulmon

10%

75%

30

57

71% Bank

Ittle

20

Lon. Reg.

321

in last Friday's

Repubhe teol Reynolds Topicco

E Asia

224

Whart

300

....

Royal Bank of Canad Royal Dutch

241

40%

aircrafts, Rheem Mg.

Bears, Roebuck & Co. Shell Oil Co. Safeway Stores

42%

Wheelock

Saint leg. Paper

35

Dock XD 20% Provident

28.20 28.40

1031

30%

Firclair On

429

HK Hotel

40% 47

Emih. Khine & French

3134 HK Land

2316 74%

2300 ur 47 1400 or 24

Socony Moon Ul

441%

ILES Land

13:1

RIS,

43 49%

50%

43

224

Yaitinati

104

134

6102

100

130

319 HK Tram.

ጋር . 37

2070 31

COL

However, volume failed

the de- mount significantly on

Although the tape ran cline. 30 minutes of the session, total

heavier than transactions at moet were relatively quiet market.

LOSSES Steels, molors, perly shares climbed higher. mpls and leading chemicals all

paint-sized showed

declines while larger losses were com- Drops of steriing were com-

Mast mon among gilt-edged.

In the olls, building Schenley Inc. mon

Scott Paper dollar Flocks moved lewer shares, drugs, leisure stocks and slegier Corp pared by Shell ull's 2 point drop.

electronics. Guids had some modest losses Blue

losses Includet chip

more Tins American Telephone off

around early than four, Du Pont

three, Procter and Gamble two und Lockheed, Douglas, Owens Illinois. Jersey Standard and Johns Manville a point or mure. Today's volume was 4,500,-

In Selangor state, the govern- ment is locking for a suitable

by ruppers. de for a new industrial town followed

Jaya is ut i stued a rally following because l'etolang

weakness---UPL

D

This town will be smaller than

Output of man-made yarn petaling Jaya and will be skuil- in Britain staged o reatly administered as a satellite covery in March when town.

combined production of In the state of Negri Sembilan. filament yar and staplo the government has decided to sites for establishing Iballcate 47.52 million

because of the new industries

was

against 43.13 million lbs demand for sites from investors. in February.

The government

has not yet

The record was $4.64 million selected the actual site, but it will be situated close to rond British and rail facilities.

of

1b in March one year ago.

The Federation Man-Made Fibres said today that March Aament yarn: output

a 23.52 million

SITE CHOSEN

On the island

at Pening, a The compared site has been chosen and a com with 20.79 million the in Febr-mittee is now working on cla- ary, the best month since May rate plans for an industrial last year.

lown

Closing prices

British Government Securities

£429718 21. Comondated

Cunve; stan - -£50-15/16. daying tub/CCPI!.. Saving* 130/70 £18/10. 3. Savtug 17-A72) 4.

Overseas louds

3

5. German (Dawes-£

Suganese, Asentid£19.

Banks & insurances Barclays Ord--89. Chartered Dank-83,

Guardion Assurance-151.

Rwigkong Bank-10%. Lloyds Bank-72 3d.

Lombard Banking Ord.-21. 7jd. Prudential Amur," "A"-£24

QiLz

British Petrofes m-545 xd. Bunna Oll- 34 xd.

Shell Transport Ord-157 31 Royal Dutels-£155%. Ultrainar Company--31 44.

Stecis & Engineering

Babcock & Wilcox Ords d xd. Guest, Keen Ord-o.

Jarland & Wully Ord-10, 30 Stewarts & Lloyds Org-os Cd. Tube Investments 781 od. United Steel- d. Vickers Ord 378 0d xd.

Production of staple at 24.00 In Perak ate, the govern-

in March million Ibs

agning.t

ment has acquired 370 deres of 22.34 million Is In February private land, just north of the and the March 1980 record of capital of Ipoh, to be developed The into the state's industrial centre. 30.38 million is reflected

Work on this project is ex- quieter trend of demand for slaple compared with the hectic pected to begin within the next late of the market one year few months. It will be com-

rate of pleted in stages. In fact the daily ugo. Staple production was slightly down on the daily average for the shorter month of February,

The Federation sald demand for lament yarns held satisfac- both cellulosic and tory in synthetic types, but there was to general improvement in de- mand for rayon staple although These include control of in- The offtake of synthetic Abredustrial gases and funies, light- staples was relatively good-ing and ventilation, and general

424. planning and zoning within the

UPI.

'Cut-throat'

competition

Washington, Apr. 23.

Inquiries from prospective in- vectors for land in this indus- have almost LX- trin, towa eroded the available land.

for industrial hygiene simbar to those adopt- ed in Britain will form part of new the development of this Lown.

Metsures

area.

Land on this site will be Rald at not more than 25

square foot with a; cente # minimum 90-year lease, The government also has plans for an industrial centre at Lumut on

coast of the west

government pro-

Poak state.

The state

Representative Harlan Ha-Poser to spend $4.2 million un af

harbour project at Launut, which

lcented at the Dingings River,

gen said today "cut-throat is strategically competition" from abroad mouth of the has hurt producers of which flows into the Straits of many specialty crops.

Malocca.

RIVER

Hagen asked that spokesmen The river is capable of pro- for commodity groups and in-viding passage for ocean-going

ngeeled by freighters. dustrice adversely reciprocal trade submit written

A $6 million flour mill is to Testimony to the newly formert be set up in the area, while on- House subeunmittee on the other firm has expressed interest A sugar refinery pact of imports and exports my building Amusican Comployment.

there. An Iron-ore mining com- Hagen said foreign competition any in the area has now was "made possible largely by operation a $1.5 million Jetty 10 sub-standard foreign wage and conveyor belt syulem seales" and that it had "created load pre directly on to freight- problems for the local

grapeers. almond, walnut, fg and ollier local agricultural specialty crops

-UPI.

Agreed merchant

rates

West German Deutschemarks Maximum Selling, 65%.

in

Electr

Ainue. Elec. Industries-449. Elec, & Mus. Industries, English Electric Ord-385 9. General Electric Ord-

xd. Phil Lamp Works-£}2+3/

Industrials

Cement-s Авлое.

Portland 450.

Boardman Mardon Ordendia Shed. Boras (Holding)-20s to.

Dunlop Rubber Ord-330 xd. Ciman (Holdings) Ord-3 d. Tumer & Newnil Ord.-74 2014. Unilever Ord--158 4lid. Wiggins Teane Ord-601.

Chemicals Imperial Chemical Ord-75¢ dibd. Ord-235 Monsanto Chemicals

FADER Bowater Paper Ord-1 3 xd. De La Rur Ord-- 90.

Tobaccos

Tob. Ord-09 03 British-Amer. Carreras "B" Ord-45 33. Imperial Tabuera Ortis 4. Motorr Brit Motor Ord-ifa xu. Hawker Siddeley Ord-31 3d. Jaguar Cars Ord-10ls 34.

Ord-418 30.

Ralts By Triumph Standani

Texules

10:46. Calten Printers Ord143 7450. Cinta JP1 Patan & Boldwins--538

Courtnuk Ord-435 6a. Fine Solneni Ord-27 15. Lancashire Cotton Ord-

Breweries

Guinness (Arthur) Ord--57 €. Ind Coope Ord-22 34.

Stores

Great Universal Oit-60 60, House Fraser Ord-68 0. Ivans "A" Ort-Bod Marks&Spencer "A" Ord-1094

Tate & Lyle Ord-625 3d. Woolworth.W. Ord.-8.

Miscellaneous

Bowmaker Ord-261 7!yt. Canadian Pacific Ord-843% Card Steamatip Ord-118 7. Fortnl Land & Timber-14 De Hongkong & China Got Hudson Bay Co.-C9-9/32. Indo-China Der. Ord~~234.

D.

The Johore Government hasį launched an ambitious plan to 7. develop Hs capital into a boom- fing industrial town.

More than 1,900 acres around Johore Bahru will be developed for light and heavy industries to give employment lo about 80,000 people.

This plan, costing mililons of dollars, will be carried out in stages. It is designed to boost the population of Johore Bahru from 80,000 to 200,000.

Steam Nav. Def.-44

Miara

De Beer Der-1231

Mount -40% [x]

Petaling Tin-12 0. Rio Tinto Bearer)

Joan Antelope Copper-35 70. Union Corporation-441.

71.

000 shares.

[South' Puerto Rico Sugər

Southern Co. The Southern Natural Gas Southern Pacifle Co. Southern Hollway (Coin. Sperry Sand.... Standard Brands Standard Oll of Cel. Standard Oli at Indt. Standard Ol of NJ. Steel Co. of Canada Bleep Rock

INF

HK Gan XD 20.00 20.40° 2040 20,83

300 20.39

140 +420.20

14.00 13

3000 14.00

830 35

1200 $15 .. 133 118

2000 + 21.30

543

47

10 Bwift & Co.

Stone & Webtel Studebaker-Packard Corp. Sunshine Mining

63'4

Ch. Light..

Mecirle

354% 36%

3021 3814

7.

Or a totul 1,232 shares traded, 170 were higher, 578 lower.

American Exchange volume was 3,020,000 shares.

Ronds volume amounted $7,050,000.

Dow

overages:

Jones closing

30 Industrialn

20 Rails

16 Uukties

45 Slocks

Closing prices

Abitibi Pur. & Paper

Allied Chemical

Algoma Steal Corp.

Allled Mus Inc.

Texes Co

stock Textron Inc.

Thinkol Chem Tide Water Oil,

12.007ime Inc.

35% Uned Frull

23 21.20 100 28.20

1204973

2050 120 401 400 130

100037 2000374

1500 37

18037

500 35 5000 351)

300 30

G

3614

2000 91% 2000 431

672.60 of

140.04 off

0.84 Traders Finance

Telephone

47 4714

111.21 of 224.94 of

0.05 Travel

ine.

T-Cont. Warrants

30%

3.10 Teleth Century Fox Fib

G.1. Cement

0315

200 ur 65t

4916

| Union Carbide

Union Oil of Cai.

07

Union Pacile Raliway

312

Dalry

Fatım

39 39

2000

Tied Gas Corp.

GOGO LA BUL 12429

361

09

US Line Co.

47%

US Steel 7. P.C. PF

Watson

Allis Chahnete

Waukesha Motors

Am. Brake Shoe...

44

Westinghouse Air Brake

2014

Allied Invest. 11.40 11.00

American Cyanamid Co.

Amer. Cable & Radio Corp.

Western Inion Tel. Co.

4812

40%

West Va. Pulp & Paper

Textile ...

Amer, & Forgn. Fower

10

Winn-Dixie Stores

3414

1200 119 8.43 1900 a 7.05

22500 LT B

Am. Gas & Electric

Zenith Radio

12016

XD

A. Rubber

0.00

Rubber T.

0.05, 2009 0.89 DQ 4 0.83 100 1000 i 7.83

2.30 1000 2,30

Am. Home Prod.

Am. Mach. & Fdry.

American Metal Am. Natural Gas American Smelting Am. Sugar Rer. American Tel & Tel American Tob Ampex........................ Anaconda Copper Annour...!! Asbestos Corp. Baldwin-a-lem. Bank of Montreal Bank of Nova Scotia

Beech Le Savers

B. C. Tel. Co.

Metal market

London, Apr, 29.

**

200 11.40

City Holel. 20150 100 C 30

Realty

Weekend political develop. Realty Rtp minis in Franco helped the good | Lane, Craw.

market to-

471⁄4

1819

a tone on the copper

72

day.

50%%%

4055

Ele Telephone

Beneficial Finance

Bendix Aviation Corp.

Benguet Cons.

Bethlehem Steel

401

Boeing Airplane

421

Dorden (The) Co.

Burroughs Add Machine

Mish Amer. Oil British Columbia Pwr. Calif. Packing Corp. Cana. Dk. of Comm Campbell Soup Co. Canadian Pacile R. Can J. 1. Cn.

Cat. Tractor

Celanese Corp.

CLT. Financial Corp.

Chrysler Melors

Colombian Carbon Co.

Commercial Credit

Coming Cins Works

Consolidated dicon

Consolidated Paper

Consumers Gu

Continent Can...... Continental all of Del.

Creole Ft .................

| Cuban Amer. Sugar

Delaware & Hudson Co. Diamond Alkall

Diamond Nat'l

Dinklers-Seagrams Dominion Stores Dougtos Aircraft

Dow CHCP NetRours

Dupont

Eartman Kodak El Paso Natural Gos Family Finance Corp.

General Foods

General Matorn

40 m 3045

13000 (72270

5000 25 6000 @ 2.30

376# <* 77

3000 + JADO

170

70c 12000 77

61

500 GB15

Init Inast 13,00

Gilman

4000

14

4.315

4.40 4000

4,40

AGK NAV...

Video

U Waterboat Humphrey

3254

1.33

20.10

19.00

very Star

Copper spot was quoted at £22991

per long ton, while copper 3-month was at £23112

The tin market stendy while lead and zinc were quiet.-UPI.

WDs

UNIT TRUSTS

First

Hongkong Fund, ex (buyer), $1.38

113 dividend: $1.30

(seller).

Second Hongkong Fund, 88 cents (buyer). $1 (seller).

200 Furry

Exchange rates

local

Eusiness was done in the unofficial

t Inarket exchange morning at the following rates: US dollar (per #1)

1.203

Sterling notes (ver £1) Australian notes (per Indonesian Rupiah (per 100)..

Biem tirala (per 100) Singapore (Straits)

10,00

1}

12.73

110 20.03

1.01

COMMODITY PRICES

SL.PO

RUBBER

A lesson here for

our own

British Railways

By Alexander Thomson

Washington, (By Airmail).

I have a feeling there are a few hints to be picked up here on how to run a rail- way. Always provided you are prepared to be tough.

Anyway, that is my impres- slon after meeting Mr Charles M. Davison

and Jr., 46, Anancial vice-president of America's Southern Railway,

The It is probably one of most go-ahead of the big rall ronds in the US. It has had to face up to many of the pro- blems confronting

British Railways.

our

Own

But thor tackled them with such vigour that, in 10 years, carnings have risen from $2.44 to 24.31 per Common share, and are estimated at $4.75 for this year.

And with considerable con- viction Davison says: "I do not think that is at all too optimis- tie a forecast,"

MECHANISATION

This Southern Railway owns |

fanning 8,000 miles of track out

Washington right from down to the Gulf of Mexico.

in the

Mechanisation has been the crores of Ha Buccess increasingly dimeult world of railroad operating. It has

$100 million opent (£36 million) mechanisation Un cinco 1952, cutting its payroll

45,000 to 20,000. Yet more traffic has been handled. The yearly volume has

from

increased from 14,000 million lo

15,000 million ton miles.

more dramatic One of the change has beer Introducing cicetronic controls to the com-

pany's goods yards at a cost of $60 million.

Computers now

movement

cars

govern the of freight (wagons) down specially buili gradients. They allow even for wind and weather in delivering them to the right place at the right speed.

"This way,"

However, the plan now is kn Use further savings to reduce prices, capture more trame aud boost revenues.

Broɛnati has been Pul 1st charge of sales as well as opera- tions." he is half as good le selling as he is at operating, we have another big zvom coming.", says Davison.

Southern Railway is currenity paying dividenda of $2,8 Phare. This menus ils Commun shares yield 5% per cent.

When I was on Woll Street last week, I found that some of the shrewder brokers were re- commending them.

After my visit to the company, I would say they are right.. London Express Service

Two Convair 880-m for Swissair

Zurich, Apr. 24. The Convair Division of the General Dynamics Cor- poration will deliver two Convair 080-M jet air- craft to Swissair lato this summer, it was announced hore today by Swicamir. Both aircraft will serve all of the Far EasterTa

pointa network including Hongkong, and thus permit the airline to start jet operations to these destinations at approximately the time planned for the 990 Coronado.

The bigger and faster Convair says Davison, 390 Coronados will be put into than cervice by Swissair and SAS ut have cut by more

The half the number of idle days_n the beginning of 1952. car spends in our yards. Birst two units of this type are every car does about twice as nuch works no before."

et present undergoing light tests at San Diego, California. The cause of their delayed RADIO NETWORK

delivery les in the Improve- basis ni on the Operation ments made Latest profeet in

the collected in! Progress is to pull out some 30,- experience

of the test pro- 000 miles of cable wire, and in- first stage stall a micro-wave radio net- | gramme. work to carry the company's

internal communications,

The 880-M is on advanced Con- uf the basic Version

now 280

in servic

dome- several Anorlean

The bli for this will be $5,- 500,000 (22,000,000). But the valr rew system will reduce com-with munication maintenance costs by de carriers, half, and give enpaielty.

20 lines

It is equipped the with leading edge slats for im-

proved

Lake-nft

landing and

Additional range

It

This extra capacity wilt uifi characteristics, has added fuvi mately be used to provide a capacity for radio link with compulers which and heavier permissibio will process all the latest - maximum take-off weight.

four be the 40,000 will formation about

powered by

CJ-805-33 freight cars

Electric on the Southern's General tracks.

engines of jet puro Object is to cut turn-around pounds thrust, each. time still further. Southern

11.050

The passenger cabin will be divided into an economy class

dovico

reckons a two-day saying will

| COTTON

NEW YORK

NEW YORK Rubber fatures closing prices,

ZEX

Closing prices all in cents per all in cents per lb.

Ferro Corp..............................

1b.:

40

May

31.50

31.60

Firestone Tyre & Rubber First Nat. City Bank

30

Spel

July

31.00

31.03

May

Sept.

31.40

31.43

Ford Motor Co. of Cana.

July

Nov.

$1.00

71.13

Cel

Georgia Pacific

6015

JAD.

31.50

31.32

Dec.

d x.

General Dynamics

Mor.

31.30

31.35

30

Mar.

General Electric

012

May

SINGAPORE

70

July

Oct.

Closing prices all in cents per Ib. f.o.b. Malayan

Straits

mean $8 million a year.

Another electronte

American Contract

Ho. 1 May

014-01-2

23.85

No. 1 June

0142-9123

May

24,00

No, 2 May

DOB:+11%

July

BOT-901

24.83

1022-0714

Hammond Organ

Dec.

Heyden Newport Corp.

230

Mar.

23.00

Spot rubber unhaled Blanket crepe

003-01

73-19

Hiram Walker...

May

Iemeslake Mining Co.

Mixed Contract

Husman Retrig

301

May

Idaho Power

July

Imperial CE

448%

Imperial Tobacco

Ingersoll-Tand

Mar.

Interchentcal Corp.

139 May

605

Int'l Harvealer

International Michel

Welkom Gok) Minme-12 Western Holdings-115. Rubbers & Tel Anglo Indonesian Plants D. Cevlon Tea Ord-30. Imperial Tea Ord-16# 31. Kuala Lumpur Kenong-¶ 101⁄2d. Lombok Rubber-251.

STRUGGLE FOR WORLD TRADE

Shares in world trade in manufactured goods

Percentages

U.S.A. 25.2

Britain

W. Germany

148

Japan 47

-Fleuter.

Gen. Pub. UM. Gon. Tel. Elac Gen. Tyre & Rubber Goodrich (n. F.) Co.

Goodyear Ten fallway Great Northern Crumman Alretall

Gul Olt........

Int'l Business Machines

International Paper Ini Tel Tel John-ville Co. Kaiser Industries Kennecptt Copper Kimberly Clark Liggett Myers Illy Tullp

Lockheed Aircraft

Loews Incorp.

Tob. Co.

Lone Star Cement Co.

24.5

Lorillard P.

$19.2

Lowenmein

Bons.

McDermoti J. Hay

McDonnel Alterat

$16.0

Metek

6.9

1954 1955 1956 1957 1958 1959 1960

CHART OREIGNED BY 407 CASTLE

London Ekoreas Barvice

Meant iron,

Minnesota Minin

Mabrania Chelseat Co. Montarini

Montgomery Ward

Motorola Ine....... National Black Ca National Cash Hog. "A" Mellonal Dairy Prod. rational Lend

National Blest Corp.

072

LIVERPOOL Closing prices alf-in pence per ports: lb.:

24.25 No. 3 May

No. 4 May ...

METALS

NEW YORK

#83688 339288

23

Closing prices all in cents per 50 b.:

Lead

May

July

7inc MAY

July

Copper May

110

July

10.30

10.43

21.58

11.20

240

***SYT

LONDON Closing prices, all in sterling Der long ton:

Na, 1 pale crepe

car

B for 20

10 pas-

already at work watches for compartment scaling 84, a first

class section Axles becoming over-

lounge for forward heated, a continual and cx-

sengera. Swissair pensive problem on 10018 News Servica hauls.

detectors,"

Called "hot box 9511-2015 | they are sited at intervals along

LONDON Closing prices all in pence per lb.:

2746-2726 No. 1 Rus spot.......

Settlement house tenn:

2714-27#1

May

Junc July/Bept.

Oct/Dec.

22714-2355 279-2725

main tracks to Spot any over- heating as the trains roli vy.

Each one has a built-in radio which ends back automatically the informalion It collects to a central control room,

Here, on radar *éreens, every wheel is watched, and 275-273

General markets, c.i.f. basin, borta: May

Julie

Estate Crepe thin May

26

thick May.. AMSTERDAM Cloring prices ait in guilders per kilogram, c.i.f. May.

All unchanged.

~~~UFI,

FORBICA EXCHANGE

NEW YORK Closing rates;

nny

Foreign

American director

of Royal Dutch

The Hague, Apr. 24.

sonior danger signals reported by radio Mr. C. W. Painter, to the train crew concerned,

partner in the New York Declares Davion: "There

low

firm of Cravath, are two important steps towards

Swaine and Moore, will the fully automated frain whteli

bacomo Director of the we believe is on the way."

Royal

Tho met behind this now approach to railroad techniques are Mr Harry A. DeButts, who become Southorn's president In 1952, and fits operations

vice-

(Skoll)

Dutch Patroleum Company, it was announced.

When Mr Pointer's appoint- president, 55-year-old BH mest la confrmed by the Royal Brosnan,

Butch rucicholders, he will be becoina Both have been on every rung the first American to of the railroad ladder, from director in Royal Dutch history track hand upwards, and know since its catablishment. their stuff backwards.

Mr Painter's appointment To quote Charton Davison must be confirmed by guin: "Between 1903 and Royal Dutch stockholders. 1950, ther TAN like hell through our system.

New York Central'

Noranda Mines Ltd.

Norfolk & Westem By North Amer, Aviation Northwest Airlines (Com.)

kimham NĂI, GAN

n

ất Tin

Spol 3-month 07:5 Copper Spol 3-month Lend 108 Бре

3-thanth 21 June

pot 3-Donth

Buyers Belluc

047

no

Dit

23141 Canada

1.01-3/10

2.7963

2.7910

20-day

5.7830

Australi

1.2378

0315 Nw Zeland

2.7004

Oshare initialgus.

Mr Palniet was But to 1058, they ran out of the Royal Dutch Boord

All the

vacancy gay. The savings we have down (Directors to pehloving since then have been created by the resignation of largely absorbed by jurad Mr J. D. Kessier of Holland.---

UPL

choten by

của Vinthai

גו

kzagland omçikE

"

29-14y

of