New York cotton market
Now York, May 4.
Cotton futures drifted aim- narrow limits unusually quiet
lessly over
iTE
on
market.
Limits operations were given over to evening up
ecmission
between spot
hotises and
Intrasta Fresh speculative:
Ente 20 evidently found more promising opportunities in the
sek market and some of the
other commulity markets.
THE CHINA MAIL,. FÙIDAY, MAY 5, 1961.
WEEKLY REPORT ON THE
HONGKONG STOCK EXCHANGE
FURTHER IMPROVEMENT
Providents and Telephones
among leaders
At the close the list ruled 20 The Hongkong Stock Market rose this week lower to a point higher. The
for the second time in succession. market opened of 10_up_10 points. New
Orleans closed unchanted to off five points.
No trading developed today in the spot Muy delivery. One transferrable notice apareḍ
and was promptly taken up by
Trading was firm throughout the week except for
a brief spell on Monday morning when an easier trend prevailed.
Yesterday's volume of busi
$10,200,000 was the best
spui intervale. The certicatedness,
rose to a new high at for many weeks. It brought the stock
bales fotal turnover for the 5-day week 90,630 hales, plus 7.066
under review ‹ Friday to yester- awaiting Inspection.
Haw cotton exports for the days to $33,290,000. compared botalled, witi 521,600,000 for the prévious Through May 5,918,790 bales against 5.507,091 4-lay week. baks in
The leading share, Hongkong Banks, remained steady at $430,
Jordine, Matheson and Cam- pany Limited has announced that it will offer a block of shares for sale to the public next month.
The company is making ar- rangements to obtain a quolütion on the Hongkong Stock Ex-
shares.
change for the same period Jast avar, according to the New York Catton Exchange-UPI.
BOAC announces record profit
British
London, May 5. Overseas Airways Corporation announced a record operational profit of £4,750,000 for the year ending March 31, 1961. Profit, were up by £500,000 on the previous year.
Trafile carried by the airline inert by 30 per ent and t tofal of 2,500 million miles were down, the company stated -AP
P.O
Oftefal stallstics show that the
but shares which showed kond | turnover for the month of April gafus were Wharves, Providents, ; amounted to $115,924,075, bring-; Telephones and Hongkong anding the lota} for this year to Far East Investments.
$597,831,813.
KMB shares Kowloon Motor Bus Company announced that the $10 stare is-
sup offered to the publie at $58. was oversubscribed by about four-and-a-half Limes.
There were 32.780 applicants for the 703,750 shares. The un- plications amounted to $239,059,- 500
Monies
In respect of excess applientions will be refunded in
morrow.
1 was reported that the new CMB shares will be quoted at the opening on the Stock Mur- ket on Wednesday, May 10.
ORIENT
AMENDED
In April 1960, the turnover was $88,210,587, and the turn- ever for the whole of 2010 was $875.775,613.
Market diary
Friday: Trading un the stock market ended the month or n Again most very stron: note. stocks were marked up, und ul- i though nil did not hold their best, the light profit-taking had little effect. Utitles were strong and Telephones topped the $50
mark. Hotels and Lands improv- ed but closed slightly below their best. The turnover $7,748,000. the
was about The Secretaries for International Investment Corporation Lid. announced that at the close of business on April 27 1961, the shares had a statis- tical value of $19.68 per share.
Monday: The market today and the first
I was undecided, LINES
EMBARKATION NOTICE
s.s. "ORCADES"
hour showed a distinctly easier trend. This was checked before the close of the morning session and the trend was reversed in the aflernoon at the close of which the balance was fairly even, with a noticeable pre- dominance of buyers. A notice- feuture WON jable and unesuat
the fact that the two Electric in opposite Companies moved directions. Turnover was appro- ximately $5,000,000.00 and the session closed quite busy.
Tuesday: The market was EMBARKATION: The ship will be berthed at NO. 5 again strong but a little selective. PIER, NORTH, Kowloon Wharf. Uulities were again popular and Passengers should embark between Fenerally made fractional gains. were strong Hotel and Lands 9.30 a.m, and 11.09 a.m. on Friday, as also were Investment Com
1961. ENTRANCE ponies. Providents were sought 5th May. THROUGH NO. 6 GATE, NAVYnd passed the $30 mark. The market closed with a strong un- STREET.
BAILS:
BAGGAGE:
The ship is expected to sail at NOON on Friday, 5th May, 1961.
I dertune. Turnover was appro-
ximately $5,150,000.00.
Wednesday: The selective: trend of yesterday continued resulting in some counters gain- ing and others losing slight Should be sent to the Hongkong & ground, Utilities as always were popular with Telephones in the Kowloon Wharf Co.'s Godown (No. 2 lead. H. K. & Far Eastern In- Gate), Canton Road, between 8.00vestment was marked up nearly .m. and 5.00 p.m. on Thursday, 4th $ and Sincere Co. touched SI. Rubbers were practically un- May, 1961.
changed.
elesed The market
stendy/ firm and the turnover amounted to $4,000,000.00.
SUBJECT TO CHANGE
Agents:
MACKINNON, MACKENZIE & CO. OF HONG KONG LTD.
Telephone: 86211/9
P.O
ORIENT
LINES
EMBARKATION NOTICE
R.M.S. "CANTON"
EMBARKĄTION: The ship will be berthed at No. 1 Pier, North, Kowloon Wharf. Pas- angers should embark between 2.30 pin. and 4.00 p.m. on Friday, 5th May, 1961.
SAILS:
BAGGAGE:
The ship is expected to sail at 5.00 p.m. on Friday, 5th May, 1961.
Thursday: The market opened with buyers chasing the prices by Telephones upwards led
which closed at $54 and H. K. & F. E. Investments which gained more than $2 before casing to- close. Banks were wards the stendy, Trams
and all other sought. Utilities were eagerly Allied Investors improved again while the tisually quiet Sinceres gained 25% on yesterday's close. The busiest day for some time closed in a strong mood with a turnover of approximately $10,- 200,000.00.
U.S. INVESTMENT QUOTATIONS
The following are U.S. Invest- ments as in American dollars Buyers' prices include commis- slon:
Selle Buyers 8.30 DAB 485
Amated Fund Am Dus. Shra
Alem Dev Mut
Dividend Shra
Cummith Stock
Dreyfus Fund
TEK Bank Lombard Wheelock HIK Wharf
HK Lands
HK Realty
HK Trams Star Ferry
Yaumatis
+2.15
HONGKONG STOCK EXCHANGE
Liy:
§Our Own Cörrespundeat
* The
share market at a glance ✰
Up or
Dividend
April 0 April 13
April 20
440-
430*
414*
April 27 430*
May 4
Down
450
steady
& Bonus
300**
Yield (%)
2.8
4Br
400
51%
490
15.80
15.30
14.80
15.00
50 15,00
+1
EZ
Business dohe at the Hong- kong Stock
it.ly morning amounted to approxi- imately $8,000,000. Nuan quota- tions and the morning's transac- tions:
Exchange
steady
Güc
3.8
B
Zuyeta Selters
Balen
430xd
414x4
382
186
408
+22
512
2.0
BK Bank
430
432
100 i 130
IK Docks
118
110
110bxd
118xd
119xa
+1
SI
3.4
040 430
60
432
Talkoo Docks
78
2014
78
*6xd
$3.20
4.1
450
40
Provident
3014
29.10
28.00
28.30
3134
$1,30
4.3
70 w 430
HK Hotels
48%
"B
401 70
47
48%
48
200
$3
0
74
7612
ww
+506
$2.40
3.1
Ik Bank
BK, F. Aria
*
2,375 rx rts 2,408
2.30
2.40
2.45
+
13.750
5.2
Lon. leg.
120
38
374
37
301
201
steady
$2.05
4.2
Lombart
00
204
202
200
204
200
+4
$10.50
Wharf Co.
404
450
139x8
136
133
140
139
www1
$0.50
0.8
Taikoo Dock
xX.D.
74%
70
700 1
3744
3041
35
37
37%
+500
51.10
2.9
HK Gas
37
355%
3714
38
+-50c
$1,70
4.5
4524
4016
4014
4012
53
+34%
$1.75
3,3
67
002
05
4714
68
--1
SL
5.8
1936
3914
3814
39
3014
4-250
$2
5.2
1000
27.70
47
40bxd
451⁄44
40b
46
steady
$2.50
3.2
43 e 22.00
51%
51A
52b
5216
+500
$2,75
5.3
1000 1 221
Wheelock.. 13.00 13.70 1000 16,00
1412
14.20
14.20%
1414
14.70
-20c
150
1000 ve 13.00
11.00
11.70
1134
12.10
12.40
+30c
$1
1000 15.70
21.30
21.70
23.20%
21.30
24
+2.70
Doc
GOOD 13.80
3000 13.00
8.40
8
A
8.20
8.40
+200
14.80
14.40
14.30n
14.30
14.00
+300
80c $1.10
4000 15.70
1000 18.08
1000 16.0
X.D....... 118 120 1000
130
200 10
600 31
1000 m 325
Ch Light Electries
IIK Telephone
G. 1. Cement Dairy Farm
A. B. Watson
Lanc, Crawford Int'l Investment Allied
HK & FE Inv Textile Corp NADYANK
*[Sub-divided into five shores)
(Bjore sub-division of shares)
LONDON Wall
Street rises Germany CLOSES
for third day MIXED
London, May 4. After an early rally the
stock markot run into pro- fit-taking that skimmed the cream off the gains and left the list irregular. Technicolour In cinemas, were strong at 22/6 on a bout of American buying. The coun- 1ers jumped 5/9.
1ins
Dollar stocks favoured higher ground taking their cue from Wall Street' movement. Greeks were dull in foreign bonds. Coppers were quiet but stayed on the uptrack.
British Bortico made the firm spot in oils where narrow move- ments left leaders unchanged.
Rubbers and teas were quiet. -UPI,
Closing prices
British Government Becurities 297, Consolidated-42-5/18 319 Conversion-56-5/10. Fr. Savings 1353/05-202-5/16. 3. Savings 3860/10-£70-5/10, 1 Savings 19115/75-734-
Overseas Bonds 5. Gennan Dawes -££5. Japanese, Assented-£154.
Banks & Insurance
Barclays Ord-928
Chartered Bank-d Guardian Amurante-148 Ed. Hongkong Bank-10 Lloyds Bank-76 90.
Lombard Banking Ord.-19 1374.
A Prudential Assur,
Ou
Brit Petroleum-35 3d. Burmah 0–1991. Shell
Transport
Royal Dutch-1-103 60.
Gu.
Ultramar Company-37 4d.
Steels Engineering Babcock & Wilcox345. Guest. Keen Ord-101 Itarland & Wolf Ord-1 d. Stewarts & Loyds Ord-274, Tube Invesincots-dix. Batted Steel-06s 01. Vickers Ord-30s 7450.
Electric
Asoc. Elec. Industries-45% 34. Elec. & Mus. Industries-47. Engur Electric Ord- el.
General Electric Ord-30s 33. Philips Lamp Works-12-11/10.
diffusion Ord $350.
Industriais Ansoc. Portland Cement-659. Boardman Marden Ord-Ga 14. Betnx (Holding)-20 d. Dunlop Rubber Ord-27a 1011⁄2d. Fisons Ord-07. Guman (Holdings) Ord.--5 GLE International Computers-1918 DJ. Turner & Newall Ord.-733 115d. Unilever Ord-160. Wiggins Tenpe Ord-c0% .
Chemicals Imperial Chemical Ord-70s 3d. Mor.cento Chemicals Ord247
10:0
Cinemas & Televizion Hank Organisation Orda 10150. Stol Theatres-135 411⁄2d.
Paper
Bowater Paper Ord-02. De La Nue Ord-678.
Tobaccos British-Amer. Tob. Ord-70 72d. Carreras Ord-48 4:40. Imperial Tobacco Ord-70s.
Motor
British Motor Oul-17. Hawker Siddeley Ord-304. Jan Cart Ord-09 $30. Kolla-Royce Ord-43 Standard Triumph-deleted. Westland Alterah--104 DA. Brailford Dyers-17s pd. Calico Printers' Ord-15s 30. Courtaulda Ord-40%. Pine Spinners Ord-25 Lancaire Cotton Ded-50% Joiga.
Drewelles
9.
Dizillers Co. Ord-30 45+1. Guinnen (Arthur) Ord-37 Ind Coope Ord-23s 3d,
Stores
Great Universal Ord-62s 00. House at Fraser Qrd-639 34.
Marks&Spencer "A" Ord=1139. Tate & Lylo Orl-045 0. United Drapery Ord-70s . Woolworth (W.) Ord.-dis
Axe Haught B Block Fund
Canada Gen Fund Canadian Fund
15.07
13.37 17.02
8.25
19.75
Canadian Int. Gr. Chemical Fund
1.28 12,00
12.30
13.37
7.13 10.18
3.04
13.21
18.71
Faton &31. Stock Mectronic Inv. Founders Mut Fd.
13.01
14.77
B.04 5.41
2010.
11.81
12.01
3.05
2.17
11.02
1271
12.23
1.01
12.74 13.80 21.71
25.72
Reyrone Contado
0.01 17.07
10.75
18.12
P.
A Grow
17.07
10.31
Nat Sec. Sar Or.
0.09
Scudder 31 & CI
20.13
Celer II. FJ, Value Line Find *.1.P. Wellington Fund
11.12
10 no 20.13 0.01
.
Instit Growth
Should be sent to the Hongkong &am Fd. 1C-7 Kowloon Wharf Co.'s Godown (No. 2 Found Gate), Cantón Road, between 8.00 a.m. and 5.00 p.m. on Thursday, 4th May, 1001:
SUBJECT TO CHANGE
Agents:
MACKINNON, MACKENZIE & CO.
OF HONG KONG LTD.
Telephone: 86211/9
that Incomin
veut TT Boston
Beystone Curl 02
Max Inv. Tr
7.20 7.03 12.11 11.20
16.at 10.50
UNIT TRUSTS · First Hongkong Fund, ividend: $1,33 (inter); $141, (seller).
Sond Hongkong Fund: BA cents (buyer), $1.04 (oeller).
Ascellaneous
Buwmaker Ord-23. Canadian Pacing Ord-#101. Cunard Bicamablp Ord-17, no. Farectal Land & Timber-l3% 1540 Itungkung & China Cisa-154, Hudson Bay Chunkins. Indo-China Det. Ord-139.
Land Securities Ord---354,
O. Stram Nav. Def,-401 96,
De Beers Del—12?» 10344, Mount Z-40_6.
Petaling Tin-12 3d.
hodesian Anglo Amer. Ord-564 10344.
hio Tinto (Doarez)-43a Ilýď. Ioan Antelope Copper-81 DL. Union Corporation-424–31. Welkom Gold Mining-120 34. Western Holdings-110.
Sapher & Tes
Anglo Didonean Plant.-és Úd. Ceylon Tea Ord-28% 11. Imperial Tea Orthi 9d. Kusis Laprapur-Kepong-3 Lambak Rubberą,
101d.
-AUTOF.
in a row
New York, May 4.
Stock prices moved up today for the third consecu-
447%
10%
tive session despite some late profit-taking. Activity mounted shurply above yesterday. Good gains were scored by | Homestake Mining Co. many blue chips and so-called tusemen Wefrig. "cyclical"
stucks, electronics, Idaho Power drugs, metals, business machines | Imperai Oll and special situation. Steels inperial Tabacco were down mostly fractions but Ingersoa
Inland Steel Co. motors were up as much along interchement Corp. with rolls,
Int Business Bachhies To Harvester
was
International Nickel morc
International Paper while int'l Tei
Tel <tain- | Johnær-Manville Co.
National Cash Regist- an upward leader, risir than seven ut its bes IBM, Corn Products, Food, US Borax. Magnavox, Avnet and Hershey gained a handful.
The
Industrial Dow-Jones
from it javerage came down
high but Anished on higher level
45%
.01
1349
TO
45%
4115
525
3234
6016
1202
Kansas C. Power & Light Kennecnit Copper Kimberly Clark
091
BAL
Liggett & Myers Tub, Ca.
Tullp
5214
L
Ind.
Kaiser Industries
heed Aircraft
Lowenstein & Sons
by Eastman Koduit. Lone Star Cement Cv, 1 akdei
Alcoa, American Tobacco, Gen-Lorard P
Westinghouse, Mellermott 3. Ray Electric,
International McDonnell Aircraft
and
Merck
Brai Anaconda Nickel.
Mesabi iron Corn Jiems, Minnesota Mining weaker Among the Polaroid and Interstate Depart-Miton Development
Сегр.
ment Stores dropped more than Monsanto Chemical Co.
Monteratini three. Home Products around Mont@mery Ward two, US. Steel and Woolworth | Motorola Inc. around a point.
Closing prices
Abitibi Pwr. & Poper
Alden Inc. A
Algoma Steel Carp
Allied Chuanicals
Allied Mills Inc.
Allis Chalmers
Am, Brake Shoe
American Airline
American Cable & Radio Corp
Amertean Cyanamid Co.
Amer, & Forgn. Power Am. Can & Electric Am. Home Prodi,
Am. Mach. & F'dry. American Metal
An Natural Cas American Smelting Am, Sugar Hte!. Artiertean Tel & Tel American Tob. Aptx
Albenda Copper Armco Steel Armour
ect
401
54
ITH
JSP?
10
1172
4621
3015
307
622
Nallons Bicult Co.
Nattonn! Dairy Prod. National Lendi National Steel Corp.
675
87
102
Noranda Mines Ltd. Norfolk & Western Ry.
401
110
North Amer.ations Northwest Atrils (Com.) Qlabama Nat, Gan
201
364
Olin Mathieson
M
301 New York Central
Qlls Elevatort
Owen-Illinois Class Oxford Taper Co. Pacific Gas & Elec.
Pan American Airways Paramount Pictures
Parke Davis Co.
lucy Bowes
Publicker Industries Pullman
Pure Ol
90
lowers
discount
rate
Berlin, May 4. West Germany'a Bundesbank
today lowered discount rato to three per cent in another stop to halt the flow of "hot money" into the
nation's booming
economy.
The lowering of the key rate
by per cent goes into effect tomorrow.
been strong
There has Speculation the bonk's central council would take the move.
The cut had been expected last month and Bundesbank: Presi- dent Kari Blessing hipled last weck that another discount rate lowering was needed.
The lowering of the rate was the second this year. It follows The March 5 revaluation of the Deutsche mark by five per cent -the boldest slep the nation hus taken thus far to pressure on the dollar.
LOMBARD
£350
INTEREST
The bank's council also lower- ed the Lombard Intercst and the Interest rate on short term loaus both by per cent, bringing the rst down to 3% per cent and the latter to 2% per cent.
Blessing sold in
a speech lost week that foreign Investors this
90% year had purchased 700 million
marks ($175
more million) 5 stocks in Germany
than were Gold.
West Germany's currency re-
bv 800
million grew marks ($100 million) to a high 01 of 31.000 million marks ($7,500 Amillion) in the 10 days follow-
105
391
serves
79
HK Dock
Provident
22.40 22.00
3714 3312
000
210
23.69
2500 22.20
150032)
1700 321
DDG ur 311,
775 14 32/
JIK Hotal.
B
2000 i 481G
10:00 4834
500
1000 or 4312
MK Land
Rtn.
Yaumat
נניקזיר
2000 or 43%
1000 B
200424
76% 77% 1000 51 272
100073
1000 7734 TO 4 17
139 1400
200
391 392 3000
1000
4,000
C Light
XD
3812 2000
1000
3200
300
1000
500
600
100
1000
200
100
Electric
301 302 2003
2000
400
Teleptione ..
Cement......
62 55
5:00
101
ET BAIG
1000 Gi BS
500
200
11:33 00
03 03 1000
1:00
2500
200
3945 3012 500 en 3015
4072 4714
3000 A Bon 47 12.00 12.70 4000 @ 12.00 1000 12.79
0.10
2000 12.00
8.40 240 A 945
14.30 14.80
1000 @ 8.30
33
C000 a 4,5
8 B000
200
500 + 28.M
Dalry Farm
Xp
Watscut Allied Inv.
Penny 2. C. Co.
Penn. Salt Co.
Textlin
Nanyang
Philip Morris
A. Ruther
rocter & Gamble Co.
40
lng the revaluation.
Pittsburgh Plate Glass
70
Portland Ger. Elev.
43
West
were
50
economists German quick to realise that the revaluation would not have the
R.. Trust City Hotel
L
7.30
Humphreys 20.00 20.30
6.00 22800 6 0.03
100 é 23,80
1000 6 20.0U
30%
215 2.526 3C09-** 211
Radio Corporation
GOL
1000 9 3.505
Raytheon
Hadio Corp, Pref.
10000 4 21s
004
Tepubile Steel
200 210
100 @ 200
Teynolds Metal
034
Heynidds Tobacco
50) # 12
Royal Bank of Canada
Bendix Aviation Corp.
Royal Dutch
Rheem Mfg.
Bethlehen Steel
47%
Sears, Roebuck & Co.
Horior Airplane
Borden (The) Co
Burroughs Add Machine
Calif. Packing Corp.
Campbell Soup Co.
Asbestus Corp, Atlas Conn, Mining Batwin-Lima-Hom Enitimore & Dhin Bank of Mantreni Fank of Nova Scotla Beech Life Savers Benefelal Finates
Benguet Cona.
Cana. Brewers
Chandian Inele R.
Care (J.) Co.
Cat Tractor
Celanese Corp.
C. I. T Financial Corp.
Chase, Manhat. Bank
Chrysler Motore
Cluett Prabody
Colgate Palmolive Co. Colombian Carbon Co. Commercial Credit
Coming Glass Works Consolidated Edin
Consumers Gas
Cuban Amer.
Diamond finit
Distillers-Seggrama Dunion Stores Douglas Aircraft Dow Chemical
3324
Safeway Stores
x Shell On Co...
Saint Reg. Paper
40seheney Int.
Scott Voper
Steglar Corp.
50
Sinclair Ofi
34
Smith, Kilne & French
131
Eocally Mobil Oli....
79% South Puerto Rico Bugar
Southern Co. (Tha)
131
Bouthern Natural Gas
02
Southern Pacifle Co.
113
4442
Bouthern Tally Corn.) Sperry Band
5715 Sianiard Brands
Out of Cal.
100sland of Int
791%
42
Standard Of NJ. 1011⁄2 Steep) Rock
total dampening effect it might Realty (0) 301 have been expected to have in slamming the door shut on the
02
4018
inflow of foreign currenciesharin particularly the dollar-UPI.
Rubber market
Now York, May 4.
Rex rubber futures today
30 à 821
Star Ferry I Crow.on
Indy Inv... 19.30 14.00 5000 së 14.80 HKC & FE
Inv.
24.10
23 1000 m 24.20
3000 24.Do
200
Sincera ....
131
Giman
closed 75 to 85 points Rope
Metal Ind, lower with sales of 56 Andy Cen
contracts,
Standard contract closed 70 to
I points lower with sales of 10 6 contracts.
2216
#211 Persistent offerings credited to discourage speculative longs, along with trade hedge selling. found buyers indifferent, or
712
IGIT absent, in face of the lower 25 Bingapore-London markets, and 274% the discouragingly small demand from domestle tyre factories. reports of increasing 12717 domplie
Do automobile production. Federa 3tion, or producer telling, In the
pa 4016
Consolidated Paper
Continental Can
ez
Blesling Drog Co.
Continents of or Del.
59
stokely-Van Cartip.
Creole Pet
36
Stone & Webster
Crane Co.
63
Studebaker-Packard Cutp,
Crown Zellerbach
57% Sunshine Mining
Sugar
Swift & Co.
44
Delaware & Hudson Co.
11
Texas Co.....
Diarpont Alkati
05
Textron 'Be
Tido Water Ol
409 Time Inc.
331
Twentieth Century Fox Film
2001
130
Union Ot of Cal.
DU
4516
Union Paclie Bailway
32
United Aircraft
p
135
United Pruit
2016
ila fine Tả
39%
Сурвит
7M
401
Dupont de Nemouri Eastman KOTAR
Paku Naturel Clas Family Finance Corp.
Ferro Corp. Teokameran Firelogio Tyre & Rubber
Ford Mola Ca, pf Cane For Moder
Georgiu Pacific General Dynamics General Flectric General Foods General Motor Gen Pub, Util.
en, T. & lee. cien. Tyre & Rubber alidden Co.
Great Northern Bellway
Traders Finance
Travelers Inc.
115-Cont. Warrants
Union Carbide
By United Gas Corn.
U.g. Rubber
09. melting
US. Stort
US. Steel 7 F.C. FF 21Warner Bros.....
701 Waukesha Motors
Google (B. F.) Ca. Goodygar Tyre
BO
*7
Grimman Alterart
211
We on
Hammond Organ
· Heyden Newport Compu svak
Wenlinghouse Air Drako Westinghoumy Elecirle ... Western Uhlon Te), Co. West Va. Pulp & Paper Winn-Dixie Blorge
41% Woolworth 18. W.)
Zensu jadio
For East and the more hopeful aspect of the political news from 40% Laos
and Africa, were other
700 21.00
1100 13 504.13
103.66 13.0
1000 13.CO
403 15.50
4.05 4.579 20000
180004.075
Sugar market
New York Máy i World No."' sugar futures elbeed two lower to four points higher with sales of 60 LU
tracts.
Domestic No. 7 sugar closest one lower to one point higher with sales of 323 contracts Exchanging of domestic con- tracts for actual rugtar nccount- ed for most of the betivity To- day. Interest in world raws was reported nt a standstill. In the domestle market, opern- for yng was reported, In- for Augției arrival of 0.40 cents
PRP-UPI.
depressing Influences, traders volyli po tons of Philippines
341 balt Locally, spot No. 1 Itss was
quoted 32% 'centa, nominal,
102
031
1401
62%
DL
Shipment offerings from the east were reported Ikht, but dealers' said "domestle factorica
apparently have their shell for the time being '
gono into
Unsold shipment offerings but
TEN
Exchange rates
Butter was tone unometal
in the local exchange market
mohling at the following rates:
of Indopcila included sornou.a. ddilar (per "
no four dieta at 293 cents i Borling notes (per £1)
thnto ex-betwns at 235%. cente, Alstralian jotes (per 8) ..
Indonesian hjólata (per 100). and freighteria are you!
May-June
|--UPI,
cos!
Singapore coralej?
Shie 4.767 18.04
JE.70
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