1961-07-06 — Page 2

China Mail 德臣西報 中國郵報 All

| Page 2

THE CHINA MAIL, THURSDAY, JULY

Wall Street gains on HONGKONG

wide front

New York, July 5. › The stock market advanced on a broad front today in moderately active trad- ing.

Gains of most key stocks ran from fractions to a point or more. Some did better. Common- wealth Edison, anticipating its proposed stock split, spurted 41⁄2

to

sorae | Minesota Maing

Misaton Development Mount Cheisteal Co. Montgomery Ward Motoreine.

Interest returned electronics and other "growth" stocks. Beckman lustruments advanced 4 and Zenkh 32.

The tone was higher for mus! steels, motors,

form rubbers, inplements, non-ferrous metals. utilities, airlines, chemicals, building materials and drug

Of 1.269 issues traded, 725 advanced and 317 declined. New highs for the year total 27 and new lows 18.

$1,998

The Asovetated Promm average of 60 stocks rose 1.30 to 246.00 with the industris up 1.1. alls up .30 and utilities up 1.00, Based on the rise in the AP averite, an estimated million was added to the quoted value of stock: Ister on the New York Stock Exchange,

Volume was 3.27 million shares

2,18 filon with compared on Monday and was the highest since June 20 when 3.28 million shares changed hands.

CONTINUATION

The performance was actually continuation of Monday's rise which took place despite semi- holiday conditions prevailing in

Street. It Woll

back WDS grounded by some good funda- mental news, including a jump in mid-June employment to a new high, tise in Instalment debt and a decline in mortgage interest rates.

analysts sviel

Six on

Some

profi-taking

that

inonths

have

capital gains seemed to dried up considerably and that the successful "test" of the June

in favourabl lows put the lint

The Dow

position for a further advance,

Jones industrial 10 69.277. 2.96 Standard and Poor rose 42 to 65.03.

average

2012

Steels, motors, rubbers, farin implements, utilities.

chemicals, drag und

Hist

National Batry

"A"

(Com)

Steel Corp. New York Central Noranda inca tel. Nortolk & Western Ry. North Amer. Aviation Northwest Airlines. Oxalatin Nat. Gas O Maltese Our Elevators Owen-lineis Gusk Oxford Pager Co. Pacifle Gas & Elec. Pan American Allway Paramount Pictur Frans 4. t. Co Penn. Salt Co Pilip MUTT:3 Pitney Bowes

Procter & Gamble Ce Pittsburgh Plate Cla Portland Judeker Pa

andres

Ere.

Pure Ot!.....

Corperation

Raytheon

Shell Oil

Sateway Stores Salt Heg. j'aper Schenley Ine

Seat Paper Steger Logs. Sinclair Oil

Mr W. Y. Bain, Superintendent of Production, pouring

the first baltie of Champagne Into the Sherbei.

Dairy Farm develops

a new flavour

The Dairy Farm Ice & Cold Storage Company, Limited have announced a new flavour addi- tion to their extensive line of "Blue Seal" Ice Creum and Sherbet Products.

The new flavour, Champagne Sherbet, lung been developed

ofter six months of extensive experiments with

brands of French

several

Champagne

Renblle Steel

Revanids Metal

Reynolds Tobacce

Royal Bank of Canada

70%

Royal Du

.

5

47

39

100%

25:

4

2

453

40%

normal

creams

51

un

Superintendent

of the

11

R2

Sales Department Farm1.

Smith, Kline & Panels Sony Mobil Oil

South Puerto Ieo Sugar Southern Natural Gas Southern Partise Co

Southern Railway 100m 2 Standard B

Standard Ul of tut Standard of Ind Standart Dil of NJ.

Steel Co. et Canada

Strep Rock

Stokely-van Camp

Sterling inang Co.

Sinne & Wenster

Sunshine Mu

Stilehaker-nekand Corp.

Swirt & Co.

Texas Lo

Texton Inc

Thick Chem.

The Water On

Trackers Finance Travelers the

arlines, Tri-Comt Warrant

building! Twentieth Century Fox Fin

materials participated in

dvance.-AP.

Closing prices

Abitibi Pur, & Paper

Alden Inc. Acy.

Alzoma Steel Corp.

Allied Chemicut.

Allied Mills Inc

Als Chalmers

Am. Brake Sace

American Alter

Am. Calile & Radity Corp

American Cyanamid Co.

A. & Foren. Power

Am. Home Prod.

Am. Mach. & Pay

Am. Natural Gas

American Smriting

A. Sugar Ret.

American Tel & Tel

American Tulz.

Ampex

Auscondu

Copper

ATIRUR Asbestos Curs Atlas Cona. Ming Baldwin-Lina-Ham.

Baltimore & Oblu

Union Ride

51hit Pacifte Hatwas

Waited Aircraft

United FR

נייןתנ ז י

42

and various Blue Seal Sherbet Buses from the United States.

"Champaigne Sherbet

completely different from

sweet

and fruit

tasting Ice

sherbets,"

said Mr F. J. M. Goldberg,

Daly

the Dairy

"We think it is the first time

a frozen dessert was specifically * developed for use after incals, it will certainly provide The finishing touch to a perfeel dinner," he said.

World quabber. market

New York, July 5. Rex rubber futures today closed unchanged to 39 points higher with sales of 14 contracts. Standard contract closed five Combining the pleasant sensa-

lo 39 points higher with no tion of a frozen dessert with the

sales reported. 9759 | fart Hlavour of French Cham-

In the shipment market, 41pagne, the new Champagne Singapore No. 3 blanket crepe pangkat: Sherbet should prove an in-was

ot 284 reported offered teresting experiment for the cents a pound. Bids for Cam- discriminating hostesses of the bodia one RIBS were around Colony.

13044

124

1

US Gypsum

183

its. La co

2332

SIM

$421

70

US. Sinelti

01

44

モルト

#S Steel 7 PC. PE

144

Warner Br

442%

Winkel Mutors

Westinghouse Air Thaks

4134

2014

Westinghouse Elevine

Wet Va. Pulp & Paper

34%

'

Winn-Dixie Stares

44

Woolworth K. W

10%

Zenith Racin

43

1

METAL MARKET

55

49

Bank of Montreal

Bank of Nova Scoila

Beech Life Savers

63

Bell Telephone

54

Bendix Aviation Corp.

GO!!

Benguet Cons

12

Bethlehem Steel

42

Being Airplane

43

Horden (The) Co.

Burroughs Add Machine

British Amer, Oi!

201

-British Columbia Pwr.

Calit. Packing Corp.

Cana. . af Comin.

Cana. Brewers '..

47

:

Canadian Pacile R.

Cat. Tractor

Celanese Corp.

C. I. T. Financial Corp.

Chrysler Motors

Ciuelt Prabody

Coca Cola ...

Corning as Works Consolidated Ellwon Consolidated Paper Consumer Go

Continental Can

Continental Oil of hel.

*

Dialers-Seagrama

Dominic Stores

Dow Chemini

Dupont de Nemours

Pakistan textile delegation

was

Rawalpindi, July 5. Pakistan is rending a strong delegation to the July 17 1744 | Geneva texule meeting to urge greater maritets for Pakistan's textile exports, it

an- touneed today.

The US, which organised the Genera

has been meeting. pressing the United Kingdom and the New York, July 5.

Economle European The tin market was strong Committee to

some today. Renewed finness was arrangement under which they evident in the copper market would import more texilles from 1..!

marked Pakistan, with

India, Japan higher afier fairly active | Hongkong to lessen the present Lead and zinc were strain on the American market dealings.

and textile industry.—UPI. Meady today--UPT,

values

agree

to

and

28%

20 cents.

Current spol month cents a pound, both nominal. In Singapore, after an un-

the certain

market opening consolidated at around yeaster- day's final levels, come selling by federation centres shortly before noon found buyers re- served and caused slight dip, but buying rallied and morning session closed steady but quiet at the highest level of morning. Gond buying continued In the afternoon and with sellers rose to the taking off prices doy's high near official close.

Thereafter exchanges brisk and prices eased slightly, lowers did not follow.

were

In London, the rubber mar- ket was quietly steady with

spot quoted at 24% peace.

In Amsterdam, the rubber market was quiet today. --UPI.

COMMODITY PRICES

SUGAR

NEW YORK`

Closing prices, all in centa per

thick July.... AMSTERDAM

Closing prices all in guilders

per kilogram, e.l.t. July:

..................... 254-25%

STOCK EXCHANGE

Our Own Correspondent de

Business, done at the Hong- kung Stock Exchange this morning amounted to approxi mately $3,000,000. Noon quota- Lions

und the morning'a transactions:

Balci

Shares

BK Bank..

Buyers Beters

434 410

200+ $16

E. Asta

249

Lombard

Allied Inv

5016 1142X

H.X. & F. E.

102

400

iny, .... 24.40 21.50 1000 20.40 1700 2011⁄2 Where Wherlock 14.26 14.30 3000 or $4.20

SULA 4.10 410 200 5 4

32000 4.15 15300 / 4.35

1000 112 1100112 2006 112

IK Duck.. 112 113

Takoo

23% 7616 Provident 34 5432 Hotel.. 47% 40

1961.

LONDON STOCKS FALL

London, July 5. The Stock Exchange was in

word

a depressed mood again today and losses general, although there was no great pressure of solting.

British stock prices have now lost in the past two months virtually all of the gaina of the previous year. On the average, prices had slumped 15 per cent during the slide,

bonda Government Brittl loat ground because of a larger- slump in Kold than-expected And hard Currency reterves

during June.

There was a general

decline

In industrials. Store and malor

TRANSPORTATIO

Britannia airliners

come under examination

London, July 5.

issue were particularly hard hit Experts today continued X-ray oxemina- tions of British Overseas Airways Cor- poration Britannia airliners following the discovery yesterday of cracked hingobrackets in the tail units of two Britannias-one belonging to another airline.

because of fear that the Con- scrvative government will im- pose new and higher sales taxes to stem inflation.

cased in qulet Gold shares trading, Coppers lost ground. Tins were quietly firm. A few blue chip oils managed to mark up minor gains.--AP.

4000342

BOD S 47EL

477 5000 475

200

HK Land

35

73

200 74 2125 or 74% 1000745

HK Healy.

2

2.76 2.725

2500 2.725

3

(New)

HK Tram

KM.B.

Yaunail Ch. Light

2.55 2.024 434 43%

01

1000 2.725 10000 2.70

27502.375 2000 439 300 7 435 1000 43

011 30301

134 135

384 385

A28 01

100 4 S 2400 x 90

200 30! 400 or 301 300 301 31003012 2000 63817 100 38 500 Gr 38 2000 430

Electric ....

39% 3915

1000 or 2014 4000 3841⁄2 100 or 304

200 61 3015

200 or 391) 700399

HK Tele.

67 671

3000574

500 53 1000575

KK Cas

22.00 22,90

23.10

22 80

ZDU

22.90

3.50

55% 21000

5.20

2000

I

4000

59

Climan

Jardiner

20.30 29,40 3200 or 20.40

G.J. Cement 6014 Dairy Farm

Watson Textile

Nanyang..

A. Rubber R. Trust.. City Hotel.

40% 10%

20.30

67 1000 07

2000

40%

2009 02 405

54

2000 7,05

1000 for 7,05

7,00 7.70

12 12.30

6.35

1000 # 12.20

0,40 7.836 1000 7.00

37 3715

Humphreya 25.40 25.0

Star Ferry 238 212

Lane. Craw 62 5215

Underwriters 14.30

16 10.40

in Invest. Shal Dock 13 Mine Musao Elec 14.80 Rope

1.40

4c

40

41

300 40

New York

cotton market

GO

Closing pricos

British Government Securities

Consolidated-£30-0/10. Conversion-3-3/10.

3. Savings 1655/65-90×15/10. Savings 1900/70-71. 3. Savingo 1905/70-70-8/10.

Overicas Bonds Germah (Dawes, Japanese, Aasentes-C107.

Banks & Insurance Barclays Ord-77. Chartered Bank-558,

Assurance-478.

Landel Tour 2k17

Benk-03 Dci.

yds Banking Ord-17 kl. Prudential Astur. "A-£21

toyal Bank of Consta£39. Royal Insurance Ord-16in.

O11

British Petroleum-478 4!50. Burmah Oil-30s 10d. Mexican Eagle Ord-Ga 74, Ord-122 Oct.

Shell Tran£ 12-15/10

Hoyal

Bieels Engineering Babcock & Wilcox Ord-29 45. Dorman, Long-299 91. Guest. Keen Ora--131 134d.

Harland de Your 155 Cloud Stewarts & Lloyda Ord-4 Summers & Sena Ord-48m 7!4d. Tube Investments-07 1:58. United Steel-4 115.

Vickers Ordecirle

Ansoc. Elec. Industries

Od. 1014.

Brit. Electronie Ind.-10 Elec, & Mus. Industries-30s Jd. English Electric Ord-32 3d.

General

Electric Ord-35_31. Philips Lamp Works-10-23/32. Rediffusion Ord.--308 414.

Industrials

Astoe. Portland Cement-15 10. Boardman Marden Borax tHolding-17

Ord-s &d

Decca Records Ord-341.

Dunlop Rubber Ord-205 10d.

Fisons Org_434.

Gliman (Holdings Ord. Jd. International Computers-92% Dd. London Brick Ord-02s 34.* Turner & Newall Ort- Unilever Drd-1335 0d. Wiggin

14,

Tenpe Ord-501 03,

Chemicals Imperial Chemical Ord-bas tu. Monsanto Chemicals Ord-20s Bd. Cinemas & Television Mors Empires Ord-s Dit.

Ord-28 Algd, Bank

Stollatod.

Paper

Bowater Ford ed.

Ord-32 34.

De La Ruc

Spteers Ord-47 2d.

Tobacco British-Amer. Tob. Ord-64 d. Carrerar "B" Ord-1970. Imperial. Tobacco Orl-65 d.

Motors British Motor Ord-142 11. Hawker Siddeley Ord-201 Od. Jarune Cars Ord-117 ch.

Rolls-Royce Ord-44 41d. Westland Aircraft-119.

Texilles

Bradford Dyer-13 0. Calleo Printers Ord-11 7d. Costs JP) Paton & Baldwins Courtaulds Ord-349 74.

Ord-256.

Ax

Fine SpinneCotton Ord-348. Lauchshire

10.

Breweries Distillers Co. Ord-34 Guinness Arthur) Ord-525 0d. Ind Coope Ord-13

Stares

Great Universal Ord- &c. Great Universal "A" Ord- u. House of Fraser Ond-52 d. Lyons (J) "A" Ord-140 SQ.

Ord-1009 Marks & Spencer "A"

New York, July 5. Cotton futuros trading

dawdled

when ca. today dealers remained in holiday mood.

within

1

Prices see-sawed narrow range, but anaj prices were unchanged to up five points. The market opened up 10 points. New Orleans unchanged to seven points.

Apt./June

251-251

Oct.

July/Sept.

Dec.

31.44 35.05

General markets, e.i.f. busle, ports:

Mar.

35.00

July AVE

2415-24 244-244

May

35.60

July

34.43

nine

Estate crepe this July....

Oct.

34.75

Dec

34.75

lb.:

No. 1 rubber

Creole Pel....

Contract No. 8 (world)

No. 2 rubber

Cuban Am Sugar

Sept.

3.02

No, a rubber

Delaware & Hudson Co.

Spot-World Average)...

3.12

No. 1 cerpe

Diamond Alkal

7413

Total Sales: 80 contracta.

Diamond Neti

4012

Open interest; B conti acis.

Contract No. 7 (domestic)

7847

Sept.

01,30

Nov.

6.30

216

Mor

Tasters Air Line

2316

Eastman Kodak

IDDYS

Spot(Hulk, duty pold)..

0.42

El Paso Natural Gas

Total Sales: 58 contracta.

Family Finance Corp.

Open interest: 2,210 contracts.

Ferro Corp.

First Nat. City Bank

METALS

LONDON

Closing prices, all in sterling

LIVERPOOL Closing prices all in pence per

25.00 25.75

10

off

up

Most of the limited business centred on switching орста- tlons between the nearby July and October deliveries. One July notice was issued today, making a total of 184 tenders to date. Trading In July will cease on July 13.

The certificated stock today totalled 98,837 bales, plus 1,080 bales awaiting inspection micronnaire.

lb.:

2.26 buyerd 225 buyers 2.23 buyers buyers -UPI.

American Contract

July

Oct

24.65 24203

Dec.

24.85

Mar,

May

July

24.25

Oct.

25.15

Mixed Contract

July

24.00

24.50

ar.d

Des.

31.05

Mar.

25.40

Mary

25.DO

July

25.70

Sept.

25.00

cotton had little influence,

News directly pertaining

to

The

-UPL

CX-

per long lon.:

buyers nailers |

Tin t

пол

971

3-month

935

Copper pl

230

2301

3-ninth

2332

234

Lend Spot

63

GOLL

0052

all in cents per lb.:

Zine t

This

EXCHANGE

July

22.10

Rex Standard

3-month

TUIL

705

UTI

20.00

Sept.

29.14

20.74

NEW YORK

NOY.

20.65

Closing raten:

Jan,

23.50

20.00

Mar.

20.65

0014

SINGAPORE

2.7030

2.7709

2.7033

2,2000

RUBBER

NEW YORK

Rubber futures closing prices, 3-mont

Ford Maior

General Dynamics

Goners) Electric

General Foods

General Motors

Gen. Pub, Uili. Gen. Tel. & Elec, Gen. Typ & Rubber Gelty Of

Goodrich (B.F) C5. Goodyear Tyre an Great Northern Railway Grummen Aircraft Gulf Ol

Ja Organ

Newport Corp.

Am Walker

Homestake Mining Co.

Hussman Herrig.

Idaho Power

Imperial On

Imperial Tobacco Ingersoll-Rand Interchemical

1tness pe

lati Harvestay. International Nickel International Paper

int' & Tel

Johns-Manville Co.

Kaber Indugleles

Hennecott Copper

Kimberly Clark

Japasi is Myers Tub. Co.

147 Tulle

Litton Ind.

Lotkind Aircraft

Low Incury.

Long, Bir Cement Co.

Lortiera P

Lowell Be Fans, Merit J. Tay Morck

2314 May

23.50

Closing prices all in Straits

cents

porta:

per lb. 1.0.b. Malayan

No. 1 July

No. - Aug.

No, 2 July

No. 3 July

No.unbaled

| Spot, rýbber

No. 1 pale cum

4111/TM#.

004 Mar.

COTTON

NEW YORK

Closing pricca, ail in cents per

~ FOREIGN

Canada

England

oficial

30-daya 00-days

Australia

New Zeniand South Africa Others unchanged.

LONDON

Closing rates:

New York ......

Montreal

AmsterdamI

Brussels Copenhagen

1b.:

1.01

Spot July

34.65 nom

13.20

Oct.

34.15

Tlanket crepe

Dec.

34.70

Mar.

33.33

LONDON

May

36.00

Closing prices all in pendo per

July

35.45

Frankfurt

Oct.

Lisbon

1b

Dec.

34.00

762, 3, 119 Spor

NEW ORLEANS'

Bettioment house torm:

Au

July/Bept.

20%-25 2010-20

Closing prices all in cents per

Calo Parin Blockholm

Vienna Zurich

2316-201

Jutr

textile trade remained tremely quiet as most mills re- mained closed for vacation. The

and spot

demand

export Inquiries were slow.

Gummary

The government weekly crop today said above nurmal temperatures in the western half of the cotton belt were generally favourable for rapid development of the crop. Harvesting in the lower Rio Grande Valley

WAA reported about four per cent completed, In the cusion belt, however, temperatures 2.7700

again were

growth.-

1,5500

tow UPI.

2.98 11/16-2.79 13/10

2.807-2.119 10.01 -10.41 130.70-138.75 1003135-10,32ES

00.01-30.20

15.0013-12.00 1041414.4117 172015-1756 72.00-77.14

120246-12.02.

for optimum

Exchange rates

100

United Drapery Ord-723 Ed. Woolworth (P.W.) Ord.--525.

Alseslaneous Bowmaker Ord-10 Dt. Canadian Pacife Ord-146. Cunard Steamship Ord-15 31. Furness Withy Ord-79 104. 11ongkong & China Goa-18. Hudson Day Co-ET-15/16. Indo-China Def. Ord-228. Land Securities Ord-328 30. P. O. Steam, Nav. Dof-30 3d.

Mints Brilish Tin Investment-418. De Beers Def-11

04.

London Tin Corp-10s 9d. Mount Isa-535.

Pointing Tin-11.

Khokana Corp.-108 06.

d.

Rio Tinto (Learer)-305 2015. Roan Antelope Copper-5 d. Union Corporation-43 Welkom Gold Mining-10 c Western Holdinge-100x 3d,

Rubber & Teas Anglo Indonesian Plant4 Od. Ceylon Tea Ord-23s. Imperial Tea Ocd-Its Jet. Kuala Lumpur-Kepong-31 450, Lambak Rubber-50%

-Rauter.

Car tariff said unfair

Toronto, July 5.

A BOAC spokesman said 10 of their fleet of 31 Britannias had been examined so far "and only two need modification."

The remaining 21 would be examined in the next few days

Sharp jump in

U.S. steel

output

Washington, July 5.

US stool production has jumped sharply since the first of the your but only ព Fow thousand idle workers hovo been re- called to their jobs in the mills, the government re- ported today.

The

Department

Labour blamed the paradox on ever in- creasing automation and longer working hours.

in order of priority according to their maintenance history," the spokesman said.

Three services were delayed yesterday and only a few minor delays are likely today.

"There is no question of grounding the fleet or of can- celling any serviceo," he added.

The trouble is not serious.”

Checks on BOAC's Britannias began after a fault

109 dis. covered in Tel-Avly on a Drl- fania belonging to the Israet Airline, El AÏ

BOAC found a similar fault in one of their alrerafi-Reuter.

European air industry said very competitive

London, July 5. European air traffic is "Grossly logging behind tho copacity" and "on North Atlantic the posi tion is "infinitely worse,

• British European Air- ways chlof told the Air Transport Licensing Board haro,

Mr Anthony Milward, BEA's

In a report on steel produc-chief executive, giving BEA's tion, the Department sald out-general objections to applications put shot up 13 pur cent be-made by Independent airlines to Iween February and April. In operate scheduled services in the same period, steel employ-Britain and to Europe, said he tvo per had never known an Industry as only mont went un

competitive as the European alr cent, or 10,000 men.

transport industry,

Jster

per

The Department sald @gures, covering the first 20 steel days of May, indicated

even higher, output climbed topping iwo million tons week for the arst time in a year. Production hlt 100.3 per cent of the 1057-59 average, compared to 70.8 per cent in

December.

Competillon was Increasing and this summer there had been a "serious short fall of trame." He elled the "flerce competi- tion" on the London-Rome route with 18 airlines competing with eight different types of aircraft.

Of the North Atlantic routes he sold Americans exhorted by Steel orders for construction | President Kennedy not to come appliances, auto-to Europe this year, were ap- thaterials, mobiles and other products are parently staying home.

This had had running ahead of expectations.

"a significant effect" on BEA.

He explained that BEA earned $10 million from Ameri- cans and Canadians who booked Uckets in North America from BEA agents to fly within Europe. This was earned at negligible A clear cost-BEA earning

£2,500,000 from this source.

The steel mills were operating at better than 70 per cent of capacity in May. During the 1960 recession, output slumped to less than 50 per cent of capacity.

But the Department said the layoff or 149,000 steelworkers --one in every four-during the February, 1000 to February, 1061 recession period "remains largely unrelieved."

But this year, said Mr Mil- ward, this was "fading" and the position was rather serious"

for BEA and other airlines.

Mr Milward said there were certain international routes

It said the milis expeeled to have about 25,500 recession-which did not make money- idled steelworkers back at work Eastern European countries were 5.8 not covering their cost, although by next month, gain of

near to per cent,

the Moscow was coming beyond that, outlook for further steel this "thanks to trade fairs and rehiring is dim, the Department the like." sald.-UPL

Profit margins

decline in UK

London, July 5.

and Tougher competition

lower profit margins in Britain's industry con tindod to show in Juno, an onolysis of company

the reports in

month showed today.

Tho

Mr D. G. Stokes, President of the Society of motor manufacturers and

Exctrange Telegraph traders, Baid in an Inter-Financial Agency compared pre- view with the Canadian ts of 503 compantes covering

BEA was not under

any statulery obligation to fly to Fastern European countries but it fell if those countries' nirlines operated here with modern for airliners BEA had to do the same not to make money, but In the national interest.--Ćhina Mail Sprelal.

JAL taking delivery of new jetliner

Tokyo, July 5. Japan Air Lines announced today it would tuko official delivery of its First Convair 880-M jot- liner on July 7 at the Con- vali division plant of General Dynamici in San Dlogo, California,

Press published today 43 sectors of Industry, using the that proposals to put a same companies in both years. The announcement said with

showed prosta were the acceptance of the jetliner, 10 per cent tariff on Bri-Rezulta

6.4 per cent up on the previous the airline

would become the tish cars would be unfair. year. The smallest Increase in operator of the largest fret of The proposal was made in a

any month this year when set Jet acroplanes among Astan report by the Bladen Royal against 1000. The rate of pro-airlines, Commission en the Canadian ft growth has declined across

The airline which now Ra the year no far. motor industry last month. Mr

four DC-0-C jete will have Donald Fleming the Finance

Ten groups reported lower three Convair 000-M's during Minister, Dakl in his budget addrew that the report was

profits than last year, these this month. Two additional included tea plantations, woot Convair Jetlinera and a DC-8-C being considered by the govern-

toxilles, amusement and build turbofan Jet will be delivered ing stocks, Mr Slökes míd such a tariff

next year. cotton Insuratico companies, long would inercose Britain's dim- Sterling notes (per £1). ..........

The airline planted to 10xulcs, stores and clothing Australlan Kotab (per day) 1237 | cully in fowering Its_trado de- stocks showed

Ú1e Convair jet in its youth' cast good improve- Indonesin rupiah (per 100) 3.40 felt with Canada China Maments. Ba ticals (per 100)........

service m Beptember. Standout werd fin Ania Dingapore (Altails)

mining companies.-UPI.

Bulica wAI dome in the logat unomcisi excliange market t morning at the following rates: UM. Kollar (per $1)

6.822

ment

20,70

1.Special.

i neuter.

uro

¿

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