THE CHINA MAIL,
New York
York market
New York, June 21.
The stock market showed uneven and re- duced activity today with heavy volume in just a few stocks featuring a cautious market.
Transitron gained more than three points on rumours that Western Electric has withdrawn its patent suit against the company. Texas Gulf Producing added a similar amount on strong buying.
American
Home Products udded more tin three at the top. Litton, Singer, Lerner Storen und Interstate
ment two or better.
Depart-
Blue chip industrials were
down bil on average, Aleon,
Diamond Alkoll Diamond Nat'l Distillers-Seograms Dominion Stores 'Douglas Alveratt Dow Chemical
Dupont de Nemours Fastern Air Line
Fastman Kodak
Du Point and International F Paro Natural Gas Nickel bring the weale spots, Family Finance Corp.
Ferro Corp
Severnl steels were up, Lukens | Firestone Tyre & Rubbmer and Armen being among the | First Nat. City Bank
Ford Matter leaders.
General Precision recalled an inue of convertible preferred and dropped more than two. International Telephone, IBM and Zenith ensed in the elec tronics, Varian and Deeltman running ahead more than one,
Argo fell more than a point in the oils but Amerada gained well over
American one. Chicle est about 21.
Today's volume was 3,210,000 shares.
Of a total 1,258 shares traded, 52 were higher and 476 lower.
Americnu
exchange volume
was 1,470,000 shares.
|
General Dynamics
General Electric
General Foods
General Motors G. P. Util Gen. Tel. & Elec.
Geo. Tyre & Rubber Getty ol Calidden Co.
Goodrich (1. F) Co.
allerny
codyear Tyse" threat Notheen
tuomas Aircraft
Gulf Oil
Jamurid Orga
fteyden Newport Corp. 1Bram Walker
Tumenlake Mining Ce
uzanan Refrig
Idaho Power
Imperial Oil
Imperial Tobreve
Ingersoll-Rand
Bond volume nmounted to Inland Steel Co.
$6,000,000.
Dow-Jones closing averages:
30 Industrials
20 Rails
15 Utilities
05 Stocks
Alden c. Acy.
680.00
140.30
Interchentval Corp.
In Dudness Machiner Int'l Harvester
International Nicke
Kaler Industrim
International Paper Int'l Tel Tel. 111.63 font-Manville Co. 227.04
81.52 Kansas C. Power & Light
Kemecott Copper Liggett & Myr Tob, ('o
145.55, Lily Tulip
Lewanstein & Sons.
cautious
Standard Oil of Int. Standard Oil of NJ. Steel Cu. of Ennada
steep Rock
Staring Drug Co. Stokely-Yors Camp.
Stone & Webster
Eitudebaker-Packard Corp. Sunshine Mining Uwift & Co.
Тохая Со
Textros Inc.
Thlokol Chem.
Tide Water Oil
The ine.......
Travelers Inc. ....
74%
416
IPAS
743
Traders Finance
74
2141
Tri-Con. Warrants
olen Carble
1062
Union Oil of Cal.
201
441
4472
450
Twentieth Century Fox Filin
Many
513 Union Pacific Hallway 949. | United Aircraft
73
257%
United Fruit
United Gas Carp,
UB. Gypsum
04. Line Cu
B01 | UM, Rubber
79.5. Bmelting
노
U.S. Sect
U.D. Steel 7.C. F
THURSDAY, JUNE 22, 1961.
HONGKONG STOCK EXCHANGE
Qur Own Correspondent
43
20
105
31
1].
037
Business done at the Hong- Stock Exchange this morning amounted to approxt- 59. mately $8,020,000. Nuon quota- tions and the morning's transne- tions:
100
Warner Bros.
70%
Sharea
Bayers Bellero
gales
Waukesha Moturs
4254
Westtrighouse Air Brake
2011
HK Bank
Westinghouse Electrie
43%
544
Western Union Tel. Co. West Va. Pulp & Paper
110
Winn-Dixie Stores
Woulwurli
(K. W.
34 17%
106
-UPI.
Zevitis Roetfa
nations
vie for
Malayan
trade
By Gregory Wong
Kuala Lumpur, (By Air Mail).
The Malayan peninsula has become the land of "soft talk and big sell" as representatives of various countries are vying to sell their pro- ducts here.
from
(Lon
Neg.)
F. Asla
+22 424 400 422
II Bank
1:0
Wharf Co. Taikoo
210
751
113C Ga....
20 421
100422
40 6420
422
110 # 424
50422
20 420
4422
100 424 100 - 425 20 44 474
2006 304
100 / 400
100 68 77 000 77% 2003 77% 2000 1
100 7715 200701S
23,40 2311⁄2 1000 2,40
1375 46 23.09
500 or 23.70
1000 20.00
500
231%
4230
23.60
6570 m 231
212021.40
230 et 23.60 500 + 231⁄2 200 23.60 1000 23.40 600 23.40 1000 41 231
1500 or 23.40
Wheelock 10.00
17 0000 e 17,10
13000 17
2009 * 10.90
1000 to 10.970
114
EQU 113
20
300 or 351⁄2
Dock
Since the beginning of the celyed for H wide range of five Austration-manufactured goods year, busivamen 10% countries have visited Malaya and capital equipment, including Provident..
heavy In high-powered trade teams to pipes
tubes, and
Do improve their sales in the terri-machinery, electrical switchgear and cables, structural building tory,
materials and steel,
**
AGY
zit
*
First came the Japanese with "portable" million-dollar trade fair, then the big-name
49 British teain. This was follow- ated by the semi-offcial Ameri-
14
32 can trade mission and then en-
other
half-million "portable"
الله
110
dollar trade
fair from indio. 20% Now the Australians
are here
with their $3.5 million Boating
275% trade Inir.
40
Bones
Cumin.
Future Prices
Index
Lation Inc).
Closing prices
Lockheed Aircraft
Luews Incorp.
Abitibi Pwr. & Paper
$42
Lone Star Cement Co Kurs
Algoma Steel Corp.
Allied Chemicals
012
McDemel
Ray
McDonnell Aserait
Allied Mills the
45%
Merch
All Chalmers
251.
Mesabi Troy Corp.
Am. Brake Shoe
Plinteola Mala
Am Cable & Radio Corp
American Cynnamid C.
Mining Degerlopment
44%
himishale bristeal to,
Am. & Furga. Power
53
Am. Gan & Electric
Am. Home Prod.
211
04
Nutional Cash Reg. "A"
411
National Dalry Pind.
American Smeklug
National Lend
ねいら
Am. Sugar Ref. American 'El &
24
National Steel Corp
04
117
New Trak Central
American Tab.
0574
17
Nanda Mines Ltd.
EX
Norfolk & Western Ry.
Anaconda Copper
0734
No;th Amer. Aviation
Armco Steel
76
Northwest Airlines (Com.)
Armour
4034
klara Nat. Gas
Dun Mathieson
Ous ErvatorA
10%
Owen-Hinnady Glimat
3418
Oxford Paper Co.
04
72
Am. Mach. Falry.
Amerlena Metal Am. Natural Ga
Антрек
Asbestos Cary
Attus Cons Mining
Bettwin-na-Ham.
Baare & Offer
Bank of Montreal
Bank of Buva Scoti
11. Tel Co.
Be Telephone
Reneelal Finance
Sisteratini
Montemury Word
Alot The
404, National Buetit ca.
Partie Gun & Elre,
Pan American Always
51% Paramount Pictures
Parke Davis Co.
Accent
ол
This
heavy machinery is in line with the Federation $5,000 million five. усаг development plan and Slugapore's 5871 million four- year plan, both of which rely heavily on Industrial expan- sion.
Not losing
the opportunity, some of the members of the mission arc 0150
One thing common with all, Australian
these missions were that they investigating the possibility of Hware here with one thought in Joint manufacturing ventures
mind, the "hard sell." Business with
Malayan and Singapore
One such venture
envisaged
a cut-throat affair and the interests. tycoons knew it and there were sono qualms at taking bites at one is a $2 million plant for making
46 another's traditional markets. plastles in Malaya,
The Japanese
Other were here to
361 conmlidate their hold in various; investigation include factories 72% fielda-pome of which had been malting chemicals and
30
761%
3300 67 3514
1000 36
9000 A 30
0763294
2000 30
RK Hǝlel.
4014
47
500
47
IK Land..
70 701
E
2100 471 330047 1000 407
500 (47) 3500 422 215 6 TO 2000 or 7015
100 2015 430 Gr 70 100 1 100 6 515
100 138
Ris. 201
+1
441 60 21
Yatımalı
130
138
POD * 137
Hi Trom
4212
43
1000 43
120043}
1000 43
500 m2 423%
700 43
50043
500 of 42%
374 30 8200 20
1000 377%
Joint ventures under
Ch. Light
HK Elec.
381 384
certain
taken from the British. The types of paints and other things Britons came seeking a remedy which would be processed in for their declining market in Australia but given finishing 760 Malaya, while the Indians hopect touches in Malaya.
35
307%
to expand heir small share of It is also predicted that there BK Tala.
market. The Americans would be a sharp rise in
43% the i were snapping up the oppor- Malayan
tunity created by convertibility Australia, And freedom from trade 105- triellons. The Australians are here to boost the image of Aus- Jndus- tralia as an exporting trial nation.
#B1%
Penny J. C. Co.
D
Penn St Co.
14 Pillo Morris
Bethlehem Steel
Pititcy Bow
53
Bring Atrplane
43
01%
Precler & Gamble Co. Arch Plate Glass
Burroughs Add Machine
Portland Gen. Blee.
3
Publicker Industries
401%
Radio Corporation Radio Corp. Pref. Raytheon
72
Bendix Aviation Corp.
Bengurl Com
Norden (The) Co.
Britian Am. Co. British Columbia Elec. British Columbia Pwr.
Calif. Packing Corp Cana, ik. of Commi Cono. Brewers
52 Pull 34% Pure
Celanese Corp.
10415 Hepatate Steel
Reynolds Meinl
35414
Royal Dutch
Campbel! Soup Co.
Canadian Pacific R.
24
Cane (7.3) Co.
DT
Reynokia Tobacco
Royal Bank of Canada
Cat. Tractor
C. I. T. Financial Corp.
701
Rheem Mfg.
Sears, Hoebuck & Cu.
ne
70
Snell Oll Co.
Chrysler Motors
40
Seleway Stores
Saint Reg. Paper
Chane Manhat. Bank
Chell Peabody
malive Co.
Carben Co.
Coininercial Credit
Coming Glass Works
44% Schenley Inc.
“
Scott Pipert
43 Sir Oll
Sinclair
Saunay Mobil Of
12
Consolidated Edtnors
BI
Smith, Kine & French
Consolidated Paper
47
Consumer Gna
17
Soulli Pavrh Rico Sugar
Continental Can
40%
Continental Oil of Del.
Creole Pet
321
| Southern Pacific Co.
Crane Co...
333
Crown Zellerbach Cuban Am. Sugar Delaware & Hinkson
Southern Co. (The)
Southern Natural Gas
Southern Railway (Com.)
| Sperry Rand
16:9 | Standard Brands 16
Standard Oll of Cal.
$11 MILLION Although Malaya including
as Singapore imported nearly
15 i much trom Australia last year os it exporteri to Australia ($170 million against $188 million) :) needed this trade ship of indus- trial and secondary Industry products to really put Australia on the map for Malayan busi- nessmen as an exporting indus- trial country.
timber
exports to
Exports of various goods had increased by about 10 per cent from the Federation to Australia and 17 per cent from Austrollá to the Federation since a trade agreement between the kwo countries was signed in 1958,
Now the tycoons from "down- under" hene for a bigger boost.
Rubber
market
So far the floating business- men have transacted $11 million worth of orders, $4 million of Rex
23 which was placed by firms in
Singapore and the rest from the Federation,
Inquirles had also been re
SECOND HONG KONG FUND
SPECIAL OFFER OF 300,000 UNITS AT $1.03 PER UNIT PAYABLE IN FULL ON. APPLICATION
LISTS CLOSE
-
TUESDAY, 27TH JUNE, 1961
All shares included in the Trust Fund are shares quated on the Hong Kong Stock Exchange
Applications must be made in multiples of 100 units, subject to a minimum holding of 500 units in the first instance
APPLICATION FORM
Payment must be made in full with this application.
To: Hong Kong Unil Fund Limited
7th Floor, Alexandra House, HỒNG KÔNG,
I/We hereby apply for
unity in the Second Hang Họng Fund at the niveṛtime
price of $1.03 per unit. In accordance with the conditions contained in the offer and subject to the terms
of the Trust Deed dated 14th March, t001.
17We enclos cheque/moṇay order/cash for $.
being payment in full for the number of unita applied for, I/We understand that the money will be returned to me/us in full if no Units are allotted.
I/We declare that I/We am/pre over 25 years of age.
SURNAME(S) (in English)
(Please alate Mr., Din, or Mika)
OTHER NAME(S) IN FULL
ADDRESS
SIGNATURE(S)
Telephone No.
Data
¡BLOCK LETTERS)
(In the case of joint applications all persone must sign, Corporations shout complete under the hand of an authorised officer where designation should be alated)
CM June 2
57 57
G. I. Cement
+ GB1
100 450
1903271- 1000 ur 38
407643815
0013 334
3000
57
571
1500 60 50
1000 $5 3000 58
4000 4 572
G0000
100 00 300 00 2000
300 6015
500 407
500 170041
41
5004025
200
41
1500 401
2500 of 41
4000 40
Dairy Farm
40
4
100 401
Watson
Allied Inv.
13.00
Textile
1000 13.40 1000 us 13.60 1000 13.00 7.30 7.90 2000 1.85 1250 + 7,00
Nanyang
XD
500 or 13.20 500 13.20
Amal. Kut.
City Hotel.
New York, June 21. rubber futuros today Bab. Trust closed unchanged to 29 points higher with sales of 38 contracts. Increasing concer aver the maritimo worker's sirike, now in its sixth
Humphreys day, caused a little more covering in the spot July Rex delivery,
Realty and trans- ferring of shorts 10 later positions. The open July position at the start of trading today totalled 87 contracts, or 070 tons.
In the shipmen market, Indonesian offerings included one RIBS nt 20 cents, two RIAS at 20% cents and three ex-Brown at 23% cents. Buyers Ideas were reported to 1⁄4 cent under.
12,00 13.30 2000 13.20
6.70 0% 3000
5000 0.70 7.92 0.05 1000+ 0.05
1000 47 $ 3000
35%
[
20.10 28.40
(0) 0.775
K.M.B......
0355
3000 * B
703421 1503012 954 35 111 355 500 20.30 2500 20,40 1800 20.30 2.00 70002.65
1000 2.076 4000 1.0 2.85 1000 2.875 30000 v 2.025 5000 - 2.50
04 1020 335
Star Farry Gumen
230
0:40 0.45
Elsewhero, brokers reported Lane, Crew. some one RIBS offered from Int'l Invert, 10.20 an undisclosed origin at 20 cunts, or 1⁄4 cont under the Indorieslan Indication for the same grade. Spot No. 1 RSS was quoted 31 cents, nominal. -UPI.
METAL MARKET REVIEW
London, Juno 21,
Tin was again firmor in this
afternoon's dealings.
K. & FE.
1023083 112084
390 431
400 0 8315
3404
300 240
1000
10000 gr 5.45
1000
13000
05
5.40
300 13
162
2000 6 1935
3000 10%
2000 or 2015
1000 / 10.40
25
Inv. ......27 27.20 1700 IDCO 1000 g 2,70
Underwriters 18.20
* *7.00
This ex-teacher's built multi-million pound
business
on vacuums
(Fortunes can be founded on anything--and nothing. Alexander Thomson meets
a man who has built a multi-million pound business on vacuums.)
By Alexander Thomson
London, June 21.
Mr Frederick Edwards, bearded and slightly built, once taught science in
a Clerkenwell polytechnic.
But instead of staying on to become a 'Mr Chips' he gave up teaching
40 years ago to start in business.
Now at 72 and a grandfather, he is bend of Edwards Fligh Vacuum Ltd which has a stock exchange value of more than L0,000,000 and fine modern factory.
It shares have been one of the winners of the stock market since they were first offered to Investors seven years ago,
They have climbed to the equivalent of eight times their
starting price and now give a
"Will your
quality yield of less than two per cent.
the growth in next seven years be us big as in the last soven?" I asked Mr Edwards,
CANADIAN MOVE HELPS
LONDON STOCKS
London, June 21.
The Stock Exchange continued to improve today
under the influence of moderate and selective buying.
Brokers attributed Investor Canada's optimism mainly to
Stroking his trim grey beard decision
vacuum
to devalue its dollar.
as we paced slowly round his It was felt that this would take plant he fold me: "Yes, I think some of the strain off the pound it will.
terling, which
recently has "The scale of application for been under
pressure on inter- high
processes gela national monetary exchanges, larger and larger every year. The industrial section Was
"There is now hardly an in- particulary buoyant. dustry that does not use our
Gold niinig Issues WCTO vacuum plants in some way or qutally firm, coppers Improved.
another."
They play a part he explained Tins advanced substantially be
of a supply shortage in everything from the manu-cause
facture of imitation Jewellery ofletally disclosed yesterday. Oils and food preparation to hand- were narrowly Irregular.-AP. ling of special metals for nuclear and electronic work.
FOOD DRYING
His keen eyes twinkled cager- ly as he added: "And now there is the developinent of accelerat- ed food drying. That is going
to become a big thing one day."
This is a process for drying j food for storing to one-tentli its normal weight and bulk. Add a little water and it is back to normal again.
But that is looking ahead: To any casual visiter it is clear that Edwards High Vacuum la burst- in at the seams already.
big ex- com-
To help out it has pansion plant nearing pletion and others in hand,
"The effect of them, Mr Edwards told me, "will be to about double our present pro- duction capucity.
re-
**In the beginning," he cailed, "we made small items of plant you could pick up and carry about by hand.
"But High Vneuom equip-
ment has become a large in- dustrial tool that is getting big- ger all the time.
"When wo came here
We Installed a five-ton crane. In our new shop we have put in
15-ton crane. One day I suppose wo shall need a 50 Lonner.
To pay for the latest round of expansion a new issue of shares Is on the way. Terma will be out soon. At a guess I would say the cash call will be for a year near £1,000,000.
one
As he plans for the future Mr Edwards appears to have only worry--that takcover bidder will come barging along. He and his family own rather more than 20 per cent of the shares worth Ground
£1,- 200,000. But that is not enough
to keep a bidder away.
In all modesty he told me: "It would be a tragedy it some big group tried to buy us up.
"All the knowledge we have acquired might then be pulled in one direction. Our aim is to provide a service for every- body."
I think his fears are ground- less. Large blocks of shares arc held by big city investors.
And from what I heard they will not be easily tempted to sell-London Express Service.
Closing prices
British Government Securities 2. Consolidated-30
Conversion—£54-17/10
3
2. Savings 1955/850. Savings 1960/70-£70. 3. Bavings 1065/mTOR,
Overseas Bonda
3, German (Doweni-£53.
Japanese. Assorted 15015.
Banks & Insurance Barclays Ord-02 30. Chartered Dank-55 Gal. Guardian Auranice—814. Hongkong Bank-£50 Landel Trust 0. Lloyds Bank-3s. Lombard Banking Ord-10, dd. Prudential Assur. "A"-23-13/16. Joyal Insurance Ord-1099 30, British Petroleum-498 90. Burmah O-39 3. Shell Transport Ord-120* 0. Royal Dutch--£ 12-15/16, Vitremar Company-30 10,
Steel Engineering nahcock & Wilcox orn-30@ 711⁄2d. Dormant, Long-3ts 1948. Guest, Keen Ord-90s. Harind & Wolft Ord-169 2014d. Stewarts Lloyda Ordetta sigd. Summern & Bone Ord-50% 10498. Tube Inveximenis-72 1. Unites Steel-53 71yel. Vickers Ord-33 0.
Electric
Apoc. Elec. Industries-108 06. Brit. Electronic Ind-ile slidi Elec. & Mus. Industries-42. English Electric Ord-34 Act. General Electrle Ord-348 30. Philips Lamp Werks-E11-11/32. Rediffusion Brd44.
Industrials
Assoc. Portland Cement-Bix Trad. Boardman Marden Ord-6 3d. Borex (Holding)-10.
Preca Records Grd-Cli od. Dunlop Rubber Ord-201 14d. Finons Ord-451 1015d, Gliman (Holdings) Ora,—de 411⁄2d. International Computers is 4. Parner & Newall Ord-641 105. Unilever Ord-14)s Del. Wiggins Tempe Ord-Õis 04.
Chemicata Imperial Chemical Ord—125. Monsunia Chemicals Ord-22 490.
Cinamas & Television Mass Empires Ord-la 6d, Rank Organisation Ont.-29 1150, Stol Theatres-da,
Paper Bowater Paper Or!—87%. De La Rue Ord---50% 3d. Spicers Ord-52, 3d,
Tobacco British-Am Ord-45 Bil Carrerak
Toby, Ord-50 3/1.
Imperial Tobacco Ord-60s 3.
Matara
!Gel.
British Motor Ord-15 Hawker Siddeley Ord-30%. Jaguar Core Ord~100s 1950. Bolts-Royce Ord-440. Westland Aircroft1
Textiles
7d.
Beatford Dyer-10 10. Calico Printers' Ord-133. Conts (JP) Paton & Baldwins-45 10.
Courtruida Ord-389
Fine Spinners Ord-2012
Bd.
Lancashire Collon Ord-87
Broweries Distillers Co. Ord-sold.
Guinness (Arthur) Ordmbia su.
Ind Coope Ord-138 101⁄2d.
SLOTTE
Great Universal Ord-594, 3d. Grent Universal “A" Ord=5h Dd. House of Fraser Ord-0014 30. byuna (9) "A" Onl−2« Gd. Marks & Spencer "A" Orl-112
101d.
Tato & Lyle Ord-48 411. United Drapery Ord-7a3 dd. Woolworth (W.) Ord.-55% 10d.
Miscellaneous
Bowmaker Ord-30a &d.
Brit. Contmanweal Rhip. Ord-30s
Eląd.
Canadian Pacife, Ord-44GA. Cunard Steamshlu Ord-ila 450. Forestal Land & Timber-134 3d. Hongkong & China Calls. Hudson flay Co.—ED-23/33, Indo-China" Def. Ord-ka 31. Land Securities Ord-914 10. P. & Q. Sloany Nav. Det.-la 195cl.
Milnes
British Tin Investment-450,
0:1
London Tin
Da Bears Od. Mount in khá ổn Petaling Tin-126, Rhokana Corp.-43 1d.
Rio Tinto (mare)-7.
Ronn Antelope Copper de éd. Union Corporation-40 3d. Welkom Gold Mining-120 754d, West Hand Investment Trust-41s Jd.
Western Holdings-Jile Rd.
Rubber
Tea
Anglo Indonesian Plant-da Oct Ceylon Tea Ord-201, Imperial Ten Ord-15 11⁄2d. Kuala Lumpur-Cepong-3 214d. Lombok Rubber-318 34,
-Router,
New York
sugar
i.
Now York, June 21, World No. 8 sugar futures today closed one to 4 points higher with salos óf 59 contracts.
Domestic No 7 sugar closed unchanged to two points lower with sales of 211 contracts.
Dealers and other trade in- terests, were on both sides of the market on a small and routine scale.
In the raw markot, Brazil reportedly sold 10,000 tons to a focal operator at a price equivalent to 8.48 to 0.40 cents, delivered, July 16-August 16 shipment. There was no news of any acceptance by India on bids, duo today, on a cargo of Indian whites for the US. marical,-UPI.
UNIT TRUSTS
First Hongkong Fund: $1.33 {(buyer), $1.41 (seller),
Second
Hongitong Fund: $1 (tayer) $1.00 (seller). Special offer seller price $1.03.
COMMODITY PRICES
COTTON
LONDON
Clasing prices, all in sterling
6.32
Spot(Burk, chuty paid? 045 Total base 211 corsets.
Open interest: 2.163 contræels.
U'I
July
10.85
Nov.
Берь
19.35
July
Copper
30.47
Boul.
Oct.
30.70 30.11-00
Dec.
༞:
Jab.
30.03
Mar.
30.43
Itops
40
Amoy Caring Kelantan
+5
100 63 10002.05
NEW YORK Closing prices all in cents per ib.:
Spot
May
30,40
July
34.50
per long ton.
buyers sellers
Tin pat
SA
Dec.
34.30
3-month
DID
020
Mar
Copper spot
May
33.40
3-month
22534 239
REX
Standard
Lead Spol
Oef Dec.
34.40
3-month
34.1X)
Zine Spot
Jstly 72! Sept.
Jan.
20.00
50.35
29.23
19.50
22.10
29.15
20.10
29.03
Mar.
39.00
May
29.00
Agreed merchant
Canadian
rates
Dollars maximum Copper come back into the selling 17-11/10, minimum buy- imelight on the London metal exchange today with cash finishing 10 T.T; 10-3/10 O.D.
3.17
NEW ORLEANS Closing prices all in cents per
3-month
1b.;
Spot July
Swiss Francs maximum sell-
Dec.
W. German.
Deutschamarka
Mar. MAY
ing 6% points higher on the day. Ing 74-6/10.
Lead and zine were
but quiet today.
steady
In New York, copper futures | maximum selling OB-7/10. today clored zá to 37 points
higher with sales of 330 con-
tracts.
Advances
by some of deliers plus prompted by
reflected covering
the recent #hort
a trade demand mina at London and renewed concern over the mine labour situation in Chile. New political uncertainties in Africa also played a rolo in shaping market sentiment.-UPL.
G
Exchange rates
METALS
RUBBER
NEW YORK
Bubber futures closing prices,
oll in cents per 1b.:
70!! Nov. -UN.
SUCAR
NEW YORK
Closing prices, all in cents per
FOREIGN
ENCHANGE
NEW YORK
3220 O
33.05
04.40
29,45
UPI,
Ib.:
Contract No. 8 (world)
Sept,
200
FOT
Mar
3,00
Closing rates!
M*X
5.00
Canada
产品
NEW YORK
July
100
Engla
2.00
Closing prices all in cents per
11.08
Lead
10,00
July Sept.
10.00
Boot (World Averyga). 3* Total Helen; BP contraCTS. Open interest: Bis contrwają. Contract No. ↑ (domaatin)
2.7803
3.7800
Australa
***
New Zealan
10.00
Rept.
Oct,
0.20 053
Others Linebanged.
Business was done in the local unomical exchange market this Do not the followig rates6.777
US dollar (per (1) Sterling notes (pwr £1) **** 180 Australian notes (per 63U
Indonesian rupian. (Der 194) Alem liesi per 100) Singapore (Stemica
piciat
30-days
27740
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