1961-08-17 — Page 1

China Mail 德臣西報 中國郵報 All

Cautious

New York, Aug. 16.

THE CHINA MAIL,

THURSDAY, AUGUST 17, 1961.

advance in

IMPROVED TRADE

*

erence today with life in o caution: Wall Street POSITION PUSHES UP

Stock moved forward a little in a

advance a stocks show-

ing hefty gains. Activity was routine. Allied Chemicals

Most electronics, aircrafts, rubber stocks and oils finished higher. The rail section also had a

fairly good day.

Xerox Corp. hind

vance,

いないいます。

Other

with a galu of

strong

hest

#d- over

wer

Ping scured by Litton, Controls Co., Herculos Powder, US. Freight, Philadelphia

Reading. and Honolulu O and General Tyre.

Texuro, Eastmon

Kodak,

Today's volume was 3,930,0091 shares.

Of a total 1,273 shares trudled. 579 were higher and 400 lower. American Exchange volume was 1.180,000 shares.

Bonds volume amounted *10 $5,270,000.

Dow-Jones closing averagest

Anaconda and Swift. I and 630 Industrials und Kansas City, Southern help-20 Ralls

rait average hits 35 Utilities

vd push the

higher ground.

Steel Insurers

with Luken

R5 Stocks

were irregular 4 Bonds up over a point Comm.

and U.S. Steel down slightly. Studebaker-Packard rolled

about

1⁄2 point on very heavy dealings, Ford, down nearly two at s wurst, recovered nest of This loss by the final bell:

index

¡

Closing prices

Abon Pwr. & Paper

Air Tue. Apr.

Algoing Steel Carp

COMMODITY PRICES

RUBBER

NEW YORK Rubber futures closing prizes, i

all in cents per b

Rex

254 300

Standard

30.25

כון עב

Allied Suits Inc.

All Cholera

brake Blue

American Airliner

Am. Cable & Railio Corps American 'yunausid Co. Am. & Forgn, Power Am Gas & Electric Am. 15e Prod

Mach. & 'dry, Ainecitan Melal American Metal Au Natural Gr

Bank of Nova Scotin

elirin Finner

• Fastman Kodak ....... El Paso Natural Gas Family Finance Corp.

4015 Ferro Corp...

Fat Nat. City Mank..

Geral Foods

General Dyüzünler

General Electric

General Mutors

G, Pub, Uti.

Great Northern Railway

Grumman Aircraft

Imperial Tolinece

Ingersoll-Ransel

ioland Steel Co. intereliemical Corp.

Business Machines Int'l Harvester Interasional Nickel

International Paper

Infl TW & Tel

ה

LONDON STOCKS

London, Aug. 16. News of the sharp narrowing of Britain's adverse balance of trade gap in July pushed up indus- triul stocks today in quiet "trading." Small- scale buying produced a spread of gains with stores and tobaccos leading the way.

Top nker such as Imperial Chemical. Woolworth, Howator and Dunlop went ahead. En- gineering equlties which started dull railed, and steels brighten- ed var the bell,

Gill-edged strolled

throth

the quiet cession to close snuāli fractions lower.

Tins seered risus in the min- ing sector, golds held Arm while cuppers turned dull.

Cinemas & Televizion Assoo. Brit. Pictures-431. Bank Organisation Ord-256. Stoll Theatres 201

Paper Bawater Paper Ord-554. De La Rue Drd--Bls. Spicers Und-191 Du,

Tobaccos British-Auer. Tob. Ord- 30. Carteras "g" Ord styck, Galaner Bru-l Oc Importal

Touseto Oru-Q 458.

Motorn

ritic or Ord-142.

Hawker Siddeley Orif--30x 1015.

Cars Ord-100%

Place Ord-10

shell

171.

0:15 were quiet and chaded despite ixiter quarterly resulta.

Firosion Tyre

Rubber

12

Ford Motor Cu, of Cana

10%

Genrun Paeille

pla

2374

421

361

47

Gen. Tel. & Elec.

Gen. Tyre & Rubber

America Smelting

ess

Getty bil

Am. Hugar Ref.

Gildden Lu

Atertean Tel & Tel

11795

Goodrich (R, FIF Co.

American Tera...

Goodyear Tyre

718.20

Ajk

****

ADenda Cuppar

50%

141.10

Arco Ster)

71NZ

Gutt ou

110.20

Arsimir

Baramand Organ

237.43

Ashetos Corp.

R

Heyden Newpuri

Cur

Alan Cona. Mining

Hiram Walker

53.13

Baldwirt-imə-Bam.

10

HomeLLake Bining Co

future prices

148.70

Baltimore & Ohlo Bank of Mantrent

Hurrian Refrig

1.72

Idah Power

1012

71

$1 at Sures

2134

413

elephante

48905

41

531

flesia Aviation Corp

133,

Dollar sterks last ground but US, i franted.

Juponese

asarted added up to £4 in a led foreign Los markel,

431

Dengjet CuDA.

Betleem Steel

Hour Arike

20hz Manville Ca

Bodenie, Co.

Kennerett Copper

Burroughs Add Machine

Kimberly Cluck

British Am. Oi

1

Liggett Siyera rob. Co.

British Columbia Pwr. Call

BAR

Lily Tull

Taking Corp.

Litten Ind.

'k. of Comin

17%

Lockheed Aberaft

Cana. Browors

Loews incurg.

117

13

234

Larding P

Loun Star Femeat Co.

24

50

4'0

pi

Lowenstein & Sons.

40%

MeDetianit J. Roy

453

BicDonnell Airerati

Celanese Corp.

Bierck

#1

Minnesota Mining

703

bitaton Development

Zoisons Brewery.

Monkante Chemieat Co.

557.

3

Montecatal

3

Muntgomery Ward

30

47

Motorola The

National Biscuit Co

74Th

National Cash Reg. "A

tat

National Dairy Fred.

137

National Lead

5.9

Cosmo Imperial Muis

Creole Pet

1491%

Crane Ce

DEL

Crown Zelierbach

57%

Cuban Ata. Sugar

Delaware & Hudson Co

107

Famond Alkol

Diamand NEFT

Installers Seagrams

401%

Douglas Alterati

AB

Pacific Gas & Fire.

Dow Chemical

THE

Pan American Altways

•Paramount. Pictures

70%

391%

Penny . . 16.

Pel Sell Co.

1001

3772nd

0224

4314

10%

SUGAR

NEW YORK

Choing prices, all in cents per

Seut

Contract No. (world)

212-8 Oct 2 M Mar: 2 May. A uni, July 2160 Sapt

Spot (Ward Averages 210.

Total Sales: 104 contrael-

Opis jesteret: 72% contraefs off G

Contract No. 7 (domestic) Sept: 12: Now: 615; Mar: 20; Mar 0230, u zang Spot 196lk, duly pantr: 607.

Sepi

Nov.

Jam

29.11

Mar.

29.35

May

2034

July

LONDON

Closing prices"

all in pence

ser lb

to, 1 spot

Beitleruent house term:

Sept

23

July/Oct.

19

Oc/Deg

Jan./Mar

Apr June

July/Sept.

Sept.

Ori.

AMSTERDAM

2515

Genern markels, ead. basis, pots

Closing prices all in guilders

per kilogram, elf. Aug.

rubher

No. 2 rubber

No 3 rubber

1 ere!!

Mo.

Total Sales ser contacts.

Diyen teresi 2.033 coattacks up

2316

2

Ib.

25 101

LUI

Sept.

Det

Zin

Sept

Del.

Caguber

Srpt.

LONDON

COTTON

NEW YORK

Closing prices all in

10.21b

10250

11256

11.35

30.MID

34,13

Fampbell Soup Co. Canadian Pacific

ke. 1 Cutelor

Trinela Casp. Chrysler Motora Clett Peabody Chien Cola regate-Palmolive Co.

la Carbon Co. Commercial Credit Corning Glass Works

1 Comulidated fin

Conquer Gas Centimental Can

Frontinental On of Del.

National Steel Corp.

New York Central

Noranda Mines Ltd.

Barfolk & Western Ry. North Amer. Aviation Northwest Airlinna (Con)

Nat. GAS

Ou Elevatora

-Illinois Ging

OwPaper Co.

Dupont de Nemours

Eastera Air Line ...

27% Parke Daris Co.

fittsburgh Plate Cinss

METALS

NEW YORK

Closing prices ull in centa per

Closing prices, all in sterling per long lon:

Hurer Sellers

HONGKONG

STOCK EXCHANGE

by

Our Own Correspondent

Philip Morris

Pitney Elowes

Procter & Gamble Co.

Pand Gen. Eler. Potland Gen. Elee,

Publieker Industries -Fullenost

Pure Dil

adio Corpsestetten Rally List.

Raytheon

Raini Reg. Paper on the Hong-Schenley the. Busines done koog Stock Exchange this Scott Piper

Megter Carp morning mounted 10 ap-sinclair Oil

proximately $2,170,000. Nopa Sith, time & French

and the morning's

1 Shares Buyers Sellers Sales

Clost. 90%

Sony Moull Oil........ South Puerto Niro Sures Smuthern Co. (The

Spot

cents

per lb.:

Spat

35.19 van.

34.52

Spat

TM2

143

Dec

35.03

-th

1041

93319

Mar.

33.60

Copper

| quotations

May

30.03

2302;

transactions:

Judy

35.28

3-noth

234

p

33.0vt,

Leath

Dec

33.336

but

0112

Lot 10105 n

NEW ORLEANS

X-turn th

04

nk bank..

576

2.011

Sp

71

2-201

Closing prices all in cents

per lb.:

Sport

Ver

BLANT

My

July

Che

Dec.

37,00

34.700

35240

34.13b

35.37

LIVERPOOL

Closing prices all in pence

per lb.:

American Contract

TORLIGN DACHANCE

LONDON

Closing rates:

Monteral

Amsterdam

Heussels

tupoplunger Frankfuri

Oct.

21.30

Dec.

21,70

Mar

2528

New York

May

2050

July

Oct.

25.55

De

25.53

Mixed Contract

24.75

LIRSSON

23.14

21,00

21.10

1.00

--UFL

Dex,

P.O

Parik Stockholm Atlan Vienna Zurish

ORIENT

2.0014-2.601

230-25001 10.50%-10.003%

120.50-130.55 19.3514-10.332, 11.1995-17.199 8.15-80.23 20.00-20.00% 13,77-13.474 14.452-24 44 173142-13 72.28-7241

12.00-12.001

UT.

LINES

EMBARKATION NOTICE

s.s. "CATHAY”

ROUND TRIP TO JAPAN

CALLING AT YOKOHAMA, SHIMIZU & KOBE,

| Allied Investor

K&FE.

קלט

10.00

Zuvent. 21,60 240

Whart Co.

Wheeluck

..

12 12.00

HK Back..

Talkoo Dock

Rubbers idled but some teas advanced helped by the Brooke Bond take-over plan for Doom Dooma.-UPI

Closing prices

British Government Securities 2,4, Cormalidated 30%.

Converton-24.

Savings 1935/66-EB8-17/32. Savings 1960/10-£75%. Sastngs 1065/15—ERTY.

3 War Loan-9224. Overaras Bonds German Dawes)-2011) S. Jupunese, Assentoil-1157.

Banks & Insuranes

Barclays Ord75 3,

Chartered Bank-$25. Guardian Assurance-K 34. Hongkong Bank-£17. Lidet Trust—10s.

Bank-els Gu.

Lambord 1

Banking Ord-15 2014. Pridential Assur. "A" £234. Royal Bank of Canada-£209. Heyal Insurance Oid-162, od. Brited Dominion Trum--7-9/14.

British Petroleum-40 d. Burmah Off Bd.

Ord-120 D.

Shell 113

Royal

Ultramar Company-27 115d.

Steel

con Org Babcock &Wil

Colvilles Ord--öße 201gd.

Dorman, Lon-27 6d.

Ghent, Keen Ord- tx 16.

Herlosts Wolff Ord-p

Stewarts & Lloyds Ord-423_kl. Summere SUE Ord448 710. Tathe Investments-is alad.

Steel-39

Electric

ingham Scond-30s 34. Elec. Industries-30s.

Brit. Electronic Ind.10.

591%

Vickers

291

Remunde Sterl

Reynalds Melal

40

Reynolds Tobacco

14312

Royal Bank of Canada

7814

Royal Dutch

31

herm Rife.

162

Sears, Roebuck & Co.

707

Shell Ou Co.

Safeway Slares

2726

27

40%

LALS

40k

2.2.44

Southern Natural Gas

Southern Pacific Co.

G

Southern Rallway (Com |

(Sperry Itand

20

200 £70

Equare D

10 t 371

BU 370

1900 6 12.70 7:07 12, 1000 121

3000 1335

130

20 7015

- 620 49 70

C. Provident 312

**

500 31

42 434

IK Hotel..

HK Land

711

HK Realty

(014)

UK Tram

Bu

Yaumati

Ch. Light

74

1000 315

300 - 1374 20043

1500) 434

200 4915

50043

200 71 305 7311⁄2

1000 12

1800 75

200

8371

72

BUY 7814

2.65 2.573 2000 or 2.55

7000 2.55 2000 2.375 2000 2.85 1090 2.375

50 43.

41 41%

40 70

50

TO

133

FK Elec. 1914

EMBARKATION: The ship will be berthed at No. 1 HK Tel. +0) 43%

Pier, Kowloon Wharf entrance at No. 2 Gate, Canton Road. Passenger should embark between 6 pm. and

$

40

300 14 78

300 15

500 381

100 M 39

100 ne 2014

300 0 302?

2000

391

100 10 2015

Zone 344

2011 w n

500

397:

100 27 150 301

44 300 44 044 1004415 100 21.10 300 21.00 1200 23,40 4,70 4.00 4000 or 4.35 0000 4.33 6000 4.30

Standard Brands

Standard of cat.

Oil of Tad

Stanton mit at N.J Steel Cn of Canada Sterling Drug Co. Stokely Van Camp Stone & Walter

Studebaker-Packard Carp Suine Mining

Swift & Co.

Texas Co.

Textron me. Thiokal Chem

Tide Water 011

Time Ine.

Tune Ine.

Traders Finence

Travellers Inc.

w

Tri-Cont. Warrant

Twentieth Century Fox Fim

Union Carbine

traint Oil of Ch

Valon Pacitte Hallway

alled Aircraft

United Fruit...

Uning Gas Corp.

US. Gypsum...

| VS. Lion CH,

S. Rubber

V.S. Smelling...

B. Strel

US Steel 7 PC. IF

Wamer Bros. ...... Warken Motos

Westinghone Ale Drake Westinghoure Electric Western Union Tel. Co. West Va. Pulp & Paper Winn-Dixir Store

Woolworth (K, W.

Zenith Radta

20%

445%

173

UPI.

Exchange rates

•In the local Was done unctal exchange tarket Lizia morning at the following rates;- V.B. dollar per $1).

Flee & Mus, industries 30 30. English Electric Ord-30% 96.

General Electric Ore-

lips

3d.

Works 10-3/10.

itediftusian Ord.-1 D.

Industriais

Anner Portland Cement-73 41. Hardin Marden Ora

10.

Borax (folding)-178 4358. Derma Recoris Ort-025 1996. Dunlop Rubher Ord-25 d. Cillman (Hieldings) Ord.-6. International Computers-93 31. Turner & Newall Ord-048 10754, Unilever Ordelik. W.Rains Teope Ord-36 36.

Chemicals Imperial Chemical Ord-60s 90.

Monsanto Chemicals Ord-20s od.

Woaand Aircraft-15 10%d.

Te Bd.

Ileadford, Dyers'

Calice Printers Ord-12, 75;d, Coat JP Palon & Ilaldwin-11e

l.

Courtaulds Drd--34% Dd. Fine Splaners Ord-23 Lancashire Cotton Ord-98 €¦‹.

Breweries

Distillers Co. Ord –S6a 1959: Gulness Arthur) Ord–537. Ind Coope Ord-13.

stores Fitch Lovell Ord-10s BU. Greal Universal Orchid Get. Great Universal "A Ord-4t 100.

House of Fraker Urd-539. Lyons "A" Ordelad. Marka & Spancer "A"-DÏ». Tate & Lyle Ord- 750. United Drapery Ord-4. Woolworth (FW.) Ordin ad "MifarelianenUR Bowmaker Ord-14 45. Fielt. Commonweal Sup. Ort-334 jold.

ad

Canadian Pacific Ord=147'3.

Cunard Steamship |

Forestal Land & Timber- tad Furnes Withy Ord-39s 7. Hongkong & China Cas-178.

ju Hudian Bay Co-£8-21/10. Indo-China Def, Ord-22 30. Land Securities Ord-201 04. 12, & O. Steine

Nov. Def.-40x 34.

Anglo American Corp.

SA-120%

Belt. South Africa Co-js Ba Eritish Tin Tavertinent-430 01 Ce Beers Del~~33 1d.

Londua Tin Corp.--201

Mount Tra-079.

Petaling Tin-1s 3d. Rand Selection-40. Rhodesian

d.

Anglo-Amer. Ord-50%

Rhodesian Selection Trust-in. Rhokana Corp.

Rio Tinto (Learers 10d. Union Corporation-406 10%. Welkom Gold Mining-10s 9d. West Rank Investment Trust-44s

450.

Southern Malayan Tin-358 (kl. "Rubber & Teak Anglo Indonesian Plants Itad. Ceylon Tea Ord-21m. Imperiat Tes Ord-156 91. Kuala Lumpur-Kepong-JK 3d. Lambak lubber- 31.

-Rauter.

UNIT TRUSTS

First Hongkong Fund: $1.29 (buyer) $1.31 (seller).

Second Hongkong Fund: 94 cunts (buyer) $1 (seller).

A

PORTATION

Artist's conception of Vincent Thomas high-span trafic bridge, now under construction, which will link San Pedro side of Port of Los Angeles (left) with Terminal Island (right) over Main Channel.

Los

Angeles'

traffic bridge

ready in 1963

Los Angeles, Aug. 16.

US$21,000,000 long-needed

bridge across the main channel of the Port of Los Angeles is now under construction and is scheduled for completion by late 1963.

The high-span traffic bridge, first start toward

span's connect two important superstructures. State and "har- will

officials

at galbered Breus of the harbour and City bour

the

trans-

towers.

for one of two

FUNDS

bakin

of Los Angeles San Pedro and the site to watch the first af 990 they were ham- Terminal Island, At the same steel piles as time, the bridge will tie iuto mered 30 to 45 foot into the the important Harbour Freeway, ground thus insuring speddler porta Lion of overseas shipments off-landed at Terminal Island

for wharves

the Southern

Most prominent among stalo California market.

officials was Mr Vincent Thomas,

the assemblyman from

Sati Construction of the bridge'a Pesira district of Los Angeles. substructure more than 200 It was Mr Thomas who led the tons of piling, concrete footing fight to obtain funds for the toil and excavation work got

under way last spring when bridge which will bear his name. Guy F. Atkinson Co. was award- ed a US$2,634,040 contract.

Among others nilending the rtremanles: Dr Joseph D. Carro→ Recently, a five-ton hammerino, president of the Lo on a 140-foot crane made the Angeles Board of Harbour Com-

An industrialist looks

at the investors

future for in S. Africa

(Prices of leading South African and Rhodesian shares have tumbled. Political tension re- maina in both countries. What la the future for investors Alexander Thomson asks the deputy chairnian of Anglo American Corporation of South Africa.)

By Alexander Thomson

London, Aug. 16.

Mr Keith Acutt, a former junior clerk who has become a big

mining boss, towered above me as we shook hands,

He is 6ft 7ins tall, re- He is a giant of a man in more senses than one.

laxed and genial.

He is also a deputy-chairman of

missioners; Bernard J. Caughlin, the port's general manager; and Dale Downing, State Highway i Department bridge engineer for

Southern Californin.

span

Superstructure of the 1,500- foot centre suspension bridge third largest In California-will be completed by Kaiser Steel Corp, Iter

construction substructure Inished. Kaiser's

s contract, buning to US$11,373,909, entails erection of the main towers and suspension of cables. Four bunce of automobile traffic will travel aver approxi- Main mately 2,000 feet of Channel, one mile north of the preschl ferry service. which will be discontinued. The 185- foot vertleaf clearance, from bridge deck to water level, will plnil the tallest ships afoat to pass under the span.

6,060 FEET

The entire structure, from end tu end, will measure 0,000 feet. Of this, 4,000 feet will comprise approach roadways-one mak- Ing direct connection with the Harbour Freeway on the San Pedro side and the other merg-

In South Africa the biggest ; "All mines on the copper belting into Seaside Avenue on the the £153 million Anglo Amerl-knock since the Union left the are an amazingly good pest-Terminal island side. cati Corporation o? South Commonwealth in a huff 01 tion. They huve good reĶUIPOCS. Bridge officials said that tho | Africa, centre-piece of a great May 31 has been a ban on the Labour try and large is hoppy" principal scource of financing is network of gold, diamond and | movement of capitol (but nut Until the other day Keith the State Highway Fund, from copper mining companies. dividends) uut of the country.

Acutt, a 52-year-old bachelor, has just arrived in the City to take charge of the Corporation's London en

Sald Acutt: "You don't get Ho the impression from the average South African industrialist that business is in the doldrums.

Watt

Acult had his home in Altadesin. | which the California Highway "overlord" of Anglo Commission har made available American

Other Anancing Group's Rhodesian US$12,400,000.

Includes recently sold revenus copper miniv.

bends totailing US$5,000,000, The great Khokane and and inore than US$4,000,000 A few days ago ho whs in

Nehanga "But new developments are

enterprises are his | from state highway users taxes Johannesburg. Shortly

allocated 10 the City and before being held up. And as the gov pride and joy. So naturally we

County of Los Angeles. in Salisbury, Southernernment does not appear to be talked about copper, too.

Operating costs are to bo covered by Lotte and other Incidentat revenuck whlio risk Asurance and mainten- ance costs will be paid for by the Blato Public Works Do- partment. Among usera of Terminal Island facilities, tensed from the Port of Los Angeles, who will beneßt parleularly from the big

Sterling notes per 1)... Australian noted (per C1)..

15.641 12.04

Japanese yen (per 100)

1.47

Cainbodia riel (per 1003

French new frame (per

1

1.14

Ca .. 2100 21

BAILS:

7 p.m. on Friday, 18th August, 1961. Glamo

The ship in expected to sail at 7 a.m. on Saturday, 15th August, 1961.

Indonesia rupiaht (për 100 Brazilion cruzzstru (per 100) Argentine pess (per 100 Korean wan (per 1,000) Elallant Hira (per 1,000) Chinese JMP (per 1 Talwan yllen (per 10) Thai batil (pať 100) Burmese Xyöt (per 10)

515

1.

that

5.40

5.000

Rhodesin.

0.18

n32

1.37

37.jo

on every

#1,70

| Pakistan rupee (per 10)

Macan patack (per 1.

1.00 (1.091

Jardines Cement

Dairy

|Horwegian Krone (per, 190)

7,60

| Philippine peso (për 1)

J.12

Ringapore strafte (per 13

1.01

For

40 402

400 0 301.

1.30

300 L 10

1.04

BAGGAGE:

200 40

27.30

013 031⁄2 1300 a 13 150 47

Should be sent to the Hongkong &

Watros

#1 Kowloon Wharf Co.'n Godown (No. 2 Textile

0.20 Nanyang 17.20 12% 1000 Gato) between Ba.m. und 5 pm, on

Amal Rob 4.16 Thursday, 17th August, 1961, SUBJECT TO CHANGE

Agonta:

MACKINNON, MACKENZIE & CO.

OF HONG KONG LTD.

P. & O. Building,

HONG KONG.

Telephone: 85211/9

Rub. Trust 7.50 10

42

:

2000 41 2000 24.00 20041%

City Hotel.. 40

41

Lane, Craw.

Ex. All

RK & FE Joy

Asin Nav.

116

6.20

300 7

Jett'l

Invest

Mine Hist

Party Масли Kač, 14.30

Rope

210

01

MAJAL

1.020

Swi franc (per 1)..........

Hothioplaude galler pos 3

West German D-Mark (per 1) 1.44 Cuban peso (per 1) .........

Agreed merchant

rates

0.81

U.S. dollar, maximun selling 17-3/8, minimum buying 17-5/0 TT 17-11/18 00; 17-25/32 30 days; 17-29/32 có days; 15 89 days.

Canadian dollar, maxitatira

So he has a finger pretty well pulse in these two where UK Investors

countries have lost heavily of late.

EXAGGERATED

Political

and

Lincor-

ofler tainties have sloshed prices of leading

there. Alares

'Thur have been Tick and down- hearted,

"Hins the fall been overdone?" 1 naked Keith Acutt during a 60-minute talk in his Holborn headarters.

without a financial sense R must be bware of this.

"The outlooie is very bright" he said. “It is hot foc optimist-

"It must be anxious to re-te to think that American con- move the present restrictions fuption will increare enorm-

cusly," Bs soon as possible. I have no

doubt that the Investment That would

outlook is safe,”

be the result of programme Expanded destrion

i

In Rhodesia there are no curbs in the USA and should provide an movement of capital. It la a big new factor for this vital

ng free to come and go an over It was.

MINES

unw Are:

metal.

Kelth Acutt, a Rhodesian, has erine

Jong wuy place Burber Joined the

19.

Vincent Thomas Overseas Shipping

Bridge

Co.

9. S. Line: Barber-

Ando Anrich Wilhelmsen Line: Blue Star Corporation in Johannesburg at Lane: Fern-ville Far East Lau

Fern-ville Paclie Venezuela Line; Pacife Republies Line; "A tremmende body of Afri-

Conat Direct Libe ean and European opinion there But then so is Anglo Ameri- Paolo He told me: "I can appreciate wants to work togelber," Acult] com. And it is still growing.

Weyerhaminer 9.8. Co. the feeling of uncertainty declared.

And apart from these shipping Current projects include w now among your Invertors. But quite

£20 muilon gold mine in tax lines, Terminal Island providen Provided Inw and order JE frankly I think it is exaugerated.

west Rand and hon-or mining the operating foenie for Fish maintained an it will be, oc in Swaziland,

Harbour arid 15 cannerles, incidents do

Feltfelem not

Steel's shipyards, that the whole pont- Lund year it shores reachy1 | Pnclite Molassen, and National 18 fraught with dim. 231 - They are around 125/- | Metal de Steel

Con1 KY.-London Express Service. 'mela distributors,

| selling 17-18/16, minimum buy-- "All first-cluas South Afrfern | coalonal [Ing 18-3/16 TTį 18-1/4 OD, and Rhodesian ahares appear to ¦ mean

West Gernum devischamárka, | ma to have been unduly "weigh- ] tion

Lauaxinium solling 09-174.

ed down.”

culties,

scrap

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