1961-09-13 — Page 2

THE CHINA MAIL, WEDNESDAY, SEPTEMBER 13, 1961.

strong HONGKONG London stocks U.S. WILL

Wall Street's strong

New York, Sept. 12.

The Stock Market` staged a strong recovery today, but trading, although a little

recovery

more active thon yesterday, remained Consolituled Paper relatively slow.

The market was slightly higher at the opening following yesterday's sharp decline. Prices rose substantially in the first hour and con.. tinued to improve going into the final 30 minutes.

New York

cotton market

C

near the

Some profit-læking close loft must skeks below tir best for the day, but the markel was sharply higher on average.

Most gains ranged from a few ea to round $3 sure.

Standard and Poor's 500 Stock Index rose BB ceals to $67.96. Its best rise store July 27 when it advanced 77 CLnts. The Index fell 80 cents yester- day. Based Un the rise, the quated value of all stocks

sled

the New York Stock Exchange gained about $4,000 imitifon.

Car shares

The Dow Janes 30 Indus.

8.25 1 722.81.

Consumers Gas Continental Can Continental Oil of Bet. Creule Pet

Crawlerbac

Zellerbuch

as Amer Sugar Delaware Iron Co. Daund Diamond Notal

Douglas

Dow Aircall

Dupont de Nemanes Eastern Air Line Eastman Koduk

El Paso Natural Gas Folly Stnance Corp Ferro Corp.

Fitone Tyre & Rubber First Nat. City Bank HD Ford Motor ....

Gatineau Power General Dyles General Elecinie General Foods Gen. Puls. UKI General Motors

Gen. Tet. & Elec. tien. Tyre & Rubber Getty on

Glidden Co. Goodrich 1. F.) Co. Condyear Tyre..... Sea Northern. Railway

Griman Alterati Gulf Ou

Hammond Organ

Heyden Newport Corp. Hiran Wilker

New York, Sopt, 12. Cotton futures todoy turned

irregular and less octivo: after

few

Hoeslake Mining Co. deliveries

Hussnian Reinig. edged to new seasonal trials rose

Idaho Power Insperial Oil highs in the wake of bur- or 1,241 Issues traded, 704 Imperial Tobacco ticana Carla and

advanced, 315 declined and Ingersoll-Rand 222 were unchanged. There and Steel Co. damage fears,

Interhemical Corp. were 39 your und 10 new lows.

The advance was on a broad from le by the car shares. This group?

TDSC DR prospects

crop

Closing press ruled out 13 lu ep two pušnis, At the penuhig the for forward Octubre de livery Puss 90 cents a bale, New Delens eksed ulf seven to up points.

112 W

highs for the fat Business Stachines

Jut arvoster International Nickel International Paper Int' Te & Tel Jan-Manville Co. Kaiser Industrien

of a quick settlement of the United

car workers unlon against gunt General Motors.

rubbers,

missiles, eicelroutes,

Steels,

rails, non-ferrous

y

Pruskega generally

were mos meline to await further news online surriese and a mote ikcurate Climate GE damage inflicted on the matte-

crop

it or stueks houses.

Picking

Ware-

The government weekly crop

sald rununary focuy

picking began on Texas high, plahis where the hurricane is expected To have hail Hilte, or no effect Along the upper qua 1, beveger the crop was less than two- thirds picked and some damage: there is exprefer,

Elsewhere, harvesting of the 1961 mon was reported

quite Keneral though the western half, Irrigallon was discontinti- ed in Catiferim where an ex- cellent crop is muturing rapidly, Harvesting showed fivourable in Arizona. progress Increase slightly in the eastern half of the coltun bell, report ulsa notri-UPI.

Kennernit Copper Kimberly Clark

40% Toxri Co.

10

*1**

43

לט

Textron fre Tatokol Chees,

Tide Water Ou The Inc. .....

19 Twentieth Century Fox Film

Traders Financo

Travelers Inc. ....

10

Tri-Cest. Warrants

Union Carbide .....

Unston On of Cal.

421%

Union Pacific Hailway

33

United Alteraft

14%

United Frult

2011

United Gas Corp.

24

104/2

1.8. Gypsum

US. Line Co.

28118. Rubber

HONGKONG

STOCK EXCHANGE

وشه

Business done on the Hong-

decline in slow trading

London, Sept. 12.

Slock Exchange this Scattered small-scale selling kept stacks drifting

morning aniounted I

D-

downwards in slow trading today and most groups moved into the minus columns. Wall Street's downturn added to the gloom.

xd

nur Own Correspondent

2012

204b 23m

5312

1300 2440

33%

kong

proximately

$2,090,000. Noon

30%

quotations transactions:

and the morning's

ཉ

Buyers Sellers

Baker

HK Bank 350 328

10 300

200

7 350

48

issues one point aff

142%

1214

40

358

Tek! Waukesha Metars

30%

73

Westinghouse Air Brake Westinghouse Mectric

Allied fav.

Whart Co.

* 1000 $.85

376

N

17:4

Western Union Tel. Co. West VA. Pulp & Paper

Wheeluck

3024

31

Winn-Dixie Stores

37

(Ok! (New)

74%

160

IK Dock

U.S. Smelting

40% US. Slori

100 US Steel 7 P.C. P.F.

Warner Bros....

Woolworth (K. W.)

Zenith Radio...

UPI.

Chartered Bank proposals

The Chartered Bank have on- nounced further details in re- gard to thele forthcoming rights issue. Subject to stockholders 5375g the necessary resolution raising the authorised capital of the Bank from £5,500,000 10 £10,000,000 and subject also to London Stuck Exchange

later not

than October 6, permission to deal in issued shares, the Directors will offer

33

571

6710

10

the granting,

13

aircraft-

Liggett & Myers Tub, Co. idly Tulip

43

The newly

uflities,

Litton Ind.

345

metals,

Lockheed Alreift

news Incorp. ........

47% holders

chemicals, airlines and petro- feums joined the rise.

The Assoelated Press 80 stock average rose $2.50 to $253.80

Volume expanded to 2,950,000 from 2,790,000 shares shaces trade yesterday.

Lone Star Cement Co. {Lorlard P.

Lowenstein & Sona. McDermott J. Bay McDonnell Aircraft

Merck

Minnesota Mirang

Misaton Develo;ment

Montecənin

Motorola Inc.

The business news continued Monsanto Chemical Co. good. It included a rise in newtontgomery Ward plant and

equipment spending National cut Co. ibis quarter, a report of record National Cash Reg. "A" high U.S. employment month,

ast National Dairy and a rise in paper National Lead .... prices.-AP.

Closing prices

Amitin. Pwr. & Paper Astea inc. Ac Ailed Chemicals Alked Mills Inc. Alls Cera

Abi, Drake Shoe American Airline

Ain Cable Re Radio Coru American Cyanaina! Co. Auer. & Purga. Power

Elcettie

Am.

Gax

Picking one Prod

Am Mach. de Edry American Metal

tie

Am Natural Gas

Andean Smelling

Am. Sugar Ref.

American Tou.

Ampex

BAKAMERICAN

STOCKS & COMMODITIES"

WHEN

SULL

American Tel Tel

Avastrada Copper

Armed Steel

Armour

Achrstay Cur

Alto Comis. Kining

Balure & Olu

Blank Montreal

טי .

میرا

National Steel Corp.

New York Central Noranda Mines Ltd.

On Mathle

Olis Elevators

Pan American Airways

Hey ther

Republic Sterl

212

to stems-

on the register as t

September 21 one 1 share for every £5 of stock held at 40s.

Talkoo...

Ch. Prav.

FIK & S. Hotel HK Land..

11.40 11.69 2000 or 11.00 1130 1120 1000 11.20

Th

292

3016

ཋཱཏྟཱ

50 11.10 300 u IS

400 40 11

8 of 112

4300

123

112

Dollar stocka were down to match Wall overnight level with

marked

Street

several

an

Gennas bonds #taged Improvement. Young Loan 4 per cent a point batter at £170. Greek lines ceased by up to 15 polni.

In

the mining section, ins brightened but coppers turned dull,

Lending olla moved

galds and

upwards

at one stage but inter lost their galns.

Teas made a firm showing but rubbers were ittle changed.--

UPI.

65

IK Realty Ex. Div. HK Trum

Ex. Div.

KMB

2.30

2.40

40094 2.35

2

3

30% 39

7116

12

Yaumati

Ch. Light

UK Ele.

Ex. Div.

1615

100438

2000 30 200 7214 100 4 72 309711

2072

200 71%

500 30

100 by 3624

1800 x 30%

200v 38

200 3615

37 1400 37

57

福

43

per share

38

M

to post pro-

7614 Visical allotment

letters

on

Telephone TON!

(Rights.

41

17 17.10

It is proporad

432 October 5 calling for payment

of 20s. per share on Novem- ber 2, 1961 and the balance of HK CH

213%

By

77

20s, per share on November 30, 1001.

JOTS

6012

The Directors have no present 95% intention of Issuing the balance

£7

174

of the increased capital, and sah | they hope to rúcommend main- 300 tenance of the 15% per annum dividend on the increased Issued 373d

30 capital beginning with recom- mendation of a final dividend of 1937% actual in respect of the euding December 31,

9027

BU

year 1081.

17

3412

40

... 45140 488

Exchange rates

**

ཝཱ ཋ

20.40 20.00

Gilman

435

1300 37%

130037

20042 500 $15

$217.30 M117 100 17

407.A 1000 20,60 2260 2012

100 M 20.00 1000

3000 i 2015

390 + 2013 4.40 2000 4.375

Closing prices

Government Securities Consolidated—£30-9/10. Converstan- 32.

3, Baving 1054/65-£80-11/16. 3%. Saying 1000/70-ET-11/10.

1% Sayings 1908/75£67.

315, War Loan-53-5/16.

Overseas Bonda

3 German (Dawes)—£02.

5% Juponeso, Assented-C14015.

Banks & Insurance

Barclays Ord-Ts 6d.

Chartered Bank-83 30. Guardian Assurance-dža Dd. Hongkong Dunk-1714. Lanuel Trust-154. –

Lloyds Bank--61s 34.

Lombard Dunking Ordige dc. National & Grindleys

£23-3/18.

Frudential Assuranada-ESTA

Royal Dok

Iloyal Insurance Ord.--1548 91, British Petroleum-a Od Burmah Oil- d.

Ord--113sd. 754.

Shell 10/32.

1000 4.40

4000 4.375

1060 4.375

Jardines ...

23.50

24

to 23.00

50 23.70

58 092

750 80

100 50

a

Cement

Dalry Texille Nunyaug

Amal, Rub. Rub. Trust Locai

P & P

400 or 23.00

301 37 1000 30

11% 11.80 2000 1160

4.70 3.05 4.30

20.00 24.00

1000 52

600 20.00 10320.80 200 e 20,70

50 24 809 21.80 +300 30

Ris!

20c 6970 10 Maçao Elec. 14.20 14.00 1000 129 21.K. Mine 05 D10000 or c

Norfolk & Western Rs. Nouth Amer, Aviation

$4019

Northwest Airlines (Com) Okhabara Nat. G

B1

Owen-Illinois Class

Oxford Paper Co..

Pacific Gas & Elec.

Paronnant Pigures

Packe Davis Co.

Penny J. C. Co.

Penn. Salt Co,

*45%

| Philip Morris

Piney Bowes

447

Procter & Gamble Co.

Go

Pittsburgh Plate Glass ..

Humphreys.

Portland Ger. Bee,

1209,

Pubileker Industries

Lane, Craw

Lune, Craw.

Puttman

332%

ການ

Pure 01

Radio Corporation

34 £72.xu

Ruto Corp. Pref.

712

4794

Business was done in the local unoffelaj exchange market this molog ut the following rates:- US dollar (per 11)... Sterling notes per £Ð....

381

16c

24

31

21

5,700

13,07

0112

Australian notes (per ED

12.57

Reynolds Metul

43

Japanese yen (per 100)

1.48

37

1 Reynalda Tobacco

341

6415 70ayal Bank of Cana

MI

Bank of Nova Sentia

#31

Beech Life Savers

heem Mfg.

55%2

Sears, Roebuck & Co.

70%

Shil: Oil Co.,

39

French new frame (per 1).. 1.13 Indonesia ruplah (per 1001 Brazlian cruilzeito (per 100) 1.00 Argentine pesa (per 100) Korean hwan (per 1,000) Italian lira toes 1.000)

2,50

3.30

200

G

Safeway, Stores

35

Chinese J (per 1)

0.53

1

Scott Paper

Schenley the.

Bus

Taiwan yuen (per 10

1,35

Hiki Thai baht (per 100)

27,95

53% Siegler Corp.

Barmene kyat (per 101

3.03

26

621, ¦ Alnetair Oil

387%

Paklatan rupee (per 10)...

7.07

297

Smt. Kine & French

Macau Pataca (per 13

183

Seruny Motul On

#3

32'

South Puerto Rico Sugar

Norwegian krone (per 1001 Philippines

760

(per 1)

14

22

Southern C (The

Swiss

04

Southern Natural CAL

44%

354

cuthern Pacifle Co.

20

10%

Conlan taelite H.

Suthera Rollway

CONY.

4718

24

Sperry Rand!

4 Standard Brands

321

818

50%

Steel Chix of Canadia

7214

Step Rock....

Sterling Drug Co.

Stone & Webster

TECHNICAL

WHEN

DUY

ANALYSIS

On Stock Trends

Research Dept. PERENNIAL TRADING CORP. 010-018 Extaburgh House Hold Yong. Tal: 74346, 39254

tell Tetepiune

frurficial Finance

Helix Aviation Corp

lenguet Cons

Bethlehen Steel

Hoojag Airplany Borden (the) Co. Durrings

Machine British Amer. Dil 757:in

Calif. Pack Pwr.

Corp.

Cana. Ilk of Cumi.

Cana Breweri

Campbell Soup Co.

Ce 13, 1) Co.

At Trictor

Corn.

Puncial Corp

Chase Mentiat. Bank Chrysler

Curls ralent

Cise Col. P

Coignie-Priv Ca

Colombian

Commercial Credit

Coming Glass Works

Consolidated Edison

SCOTT

זור

ገዳ

Standard CH of Cal

Standard Oil of inel.

Standard Oil of NJ.

Stokely-Van Camp,

Studebaker-Packard Corp.

Sunshine Mining

Swift & Co.

זי

Singapore straits (per 1

Netherlands 1)

Rulider

oper 11 West German D-Mark (pec 11 Cuban peso iper 11.......

UNIT TRUSTS

First Hongkong

Fund: $1.14

(buyer) $1.22 (seller).

Second Hongkong Fund: 89 cents (buyer) 85 cents (sciler),

OUTBOARD MOTORS

WALLACE HARPER & CO.

SOLE DISTRIBUTORS

Initial Shipment of Motors, Accessories, Spares and Service Equipment, Includes the Following Models

Scotty Fishing Scott Royal Scott Flying Scott

Agreed merchant

rates

Canadian $ maximum selling 19-1/33. minimum 18-9/32 TT., 18-11/32 O.D.

buying

Swiss Franes maximum sell- ing 754.

Yesterday's Closing

Royal

Ultramar Company-23

Steel Engineering Babcock & Wilcox Crd-95 94. Colvilles Ord-34 109. Lorman

Gueri, Kised,

Harland & Wolf Ord-17s Dd. Metal Box-2 Cd.

Bleet Co. of Wales-35 31. Blewaris & Lloyds Ord-Alk 10!a, Sumner & Sons Ord4272, Tube Investments-61 3. United Steci-420.

►

Electric Assoc. Elee. Industries-376 34. Amos. Television "A"

Ord-30s

Bringhom Sound-3 0. Brit. Electronic Ind.-10s 24. Brit. ns. Callender Ord- Elec. & Mus. Industries-30 0. English Electric Ord-29% 1. General Electric Ord-20s. Wajips Lamp Works-C0-27/3),

tedifTuston Ord.-Alạ Qu,

Industriala

Assoc. Portland Cement-73_10d. Boardrgno Marden Order 750. Borax Holding) 10d. Deces Record Ord-43. Dunlop Rubber Ord-20s 7td. Fisons Und-37 0. Gilman (Holdings) Ord-da úd. Internallonal Com935.

450.

Turtar & Newall ? Unilever Ord-142. Wigging Tape Ord-541 6a,

Chemicals Imperial Chemical Ord-60s 1 Magzanlo

Chemicals Ord10s Cinemas Television Assoc. Dr. Pictures 4B 154. Rank Organisation Ord-25€ 240. Stol Thantress 5d.

10:0

Paper

Bovater Paper Ord-43 414 Da La Rain Ord-534 65. Heed (Albert E) Ozd47 04. Byleven Ordner Já, Tobaccur British-Amer. Top. Ord- 10. Carrera "B" Orl-4 10. Galinter Ord---40s id. Imperial Tobacco Ord-09$ 3.

COMMODITY

FOREIGN EXCHANGE

NEW YORK

Closing rates:

Canada

Estgland, eletal

30-days go-day's Others unchanged. ******

LONDON

40-31/32

5.9121

2.0011

Closing rates:

201 1/16-28t

2.80 15/16-2.96 1/18

New York

Montresi Amsterdam Brussels Copenhagen Frunkture Lisbo

Paris

Btockholm

Milan

Vienna

Zurich

10.1034-10.103

159.92,5-120.9734 78.30-10.30

807112334

20.03%-20.02 12.00-23.0235** 14.0536-140522

174533-3740 74.89-72.60

12.131-13.1334

-UPI.

METALS

NEW YORK

Closing prices all in centà per

3.6 HP

7.5 HP

43.7 HP

75.2 HP

lb.:

Copper Sept.

Dec.

Jan.

MAT.

May

July

Blept.

MOTORS ARE NOW ON DISPLAY AT

234 KENNISSY ROAD

HONG KONG

TEL. 77412

MR. KIRAY WILLIAMS

WALLACE HARPER & CO.

FEDERAL INC, USA

KOWLOON -

TONG MI! ROAD

TEL. 609280 MR. CHARLES ATE

SUGAR

NEW YORK

Closing prices, all in cents per

ib.;

Oct;

2.04;

Contract No. 8 (world) Oct: 237: Mar: 200; MAY: July: 233: Sept 2.03; SpotWorld Averagr; 2.83. Total Bale: 10 contracts. Open interest: 745 contracte.

Contract No. 7 (domestic) Sept: 05: Nov: 0.14; Mar: 6.17: May 4.17: July: énz,

Total Estes: 30 contraci

Open interest: 1.904 contract jpl.

RUBBER

Rubber futures closing prices,

Motore

British Motor Ord-134 4. Hawker Siddeley Ord-30 Jaguar Cars Ord-

Bell-Royce Ord

Westland Aircrafi-ida

Textiles

Bradford Dyota-108.

Colico Printers' Ora-13. Coate (JP) Paten & Baldwins-43 101.

Courtaulds Ord-531 84.

Fino Spinners Ord-23 Avant, Lancashire Cotton Ord-32" Tid. Breweries

Distillers Co, Ord-30 041. Gulness (Arthuri Ord-630, Jad Coops Ord-131.

Stores

Great Universal Ord-is. Great Universal "A"

Ord-t

House of Fraser Ded-381 Col. Lyaps (1) Ord-071 1054. Marks & Spencer "A" Ord-too 4.

Tate & Lyla Ord-47 10. United Drapery Ord-40% Woolworth (F.N.) Ord,-534 412.

MucellaneoRS Bowninker Ord-15 Bril

33 4150.

3d. Commonwea) Ship. Ort.--

Canadian Pacific Ord-$43. Cunard Steamship Ord-148 atd. Forestal Land & Timber-12 0. Furness Withy Drd-310 Hongkong & China G

Hudson Bay Com

Dư

Tralo Chinh kich. Ord-

Land Securities Ord-204 10

P. & D. Steam Nav. Def-330 14.

Atines

Anglo American Corp. SA-1234 Brit. South Africa Co- 61. British Tin Investment-1. De Beers Del-132 Bd. Landon Tin Corp-199.

Mount In-576 id

Petaling Tin- 31. Rand Salectin-37 6. Thuderton Anglo-Amer, Ord-4. Rhodesian Salection

Trust-s

1630.

Hhokana Corp-44.

Hio Tito (Benzer)-5a 7. Joan Antelope Copper-5 150. Tronch Mints-001.

Union Corporation-47 74. Welkom Gold Mining-12 CU West Rand Investment Trust-438 10.

Western Holdings-11 10. Southern Malayan Tin-338 90.

·Rubber & Tou Anglo Indonesian Plant- 30. Ceylon Tea Ord-109 9. Imperial Tea Ord-14 31. Kuala Lumpur-Kepong-ts 3. Lambak tubbera du.

Reuter,

METAL MARKET

REVIEW

London, Sept. 12. The tin market was steady today. Quiet conditions prevailed in the copper market today, although price movements showed modost gains.

1

HOLD TALKS ON TIN DISPOSAL

The United States will con- Washington, Sept. 12. sult with Malaya and other tin producers on the rate and other forms of a graḍuel disposal of 50,000 toar af tin from U.S. government stockpiles, State Department officials said today.

They said tin producing coun- irles have been assured

that

the U.S. sales will be timed to avoid disruption of the world market. The sales are likely to be spread over several unless an acute

years shortage In world supplies develops.

One oficial said the Malayan protest in Kuala Lumpur against The tentative US, plan surpris- ed and puzzled the Kennedy Administration.

He said the international Tin Councit in London had been "generally aware" of US. de- aire to reduce the stockpile und had favoured some disposals to world market sharinge once estimated at about 10,000 lons for 1981,

Shortly before the September 3 announcement by the US. General Servicea Administra- tion, the stockpiling agency, of intention to seck Congressional authorily for the 50,000-ton disposal, the U.S. Embassy in Kuala Lumpur was instructed to advise the Mulayan Foreign Ofter.

It was acknowledged, that this did not represent much advance notice.

'Plenty of time*

However, an official said there 19 "plenty of time to talk about the schedule and terms of dis- posal with all interested parties before any sales occur."

A General Services Adminis- tration spokesman said the plan is to sell only small amounts Schedule Ar- ranged so as not to upset the market

at a time, the

countries.

or hurt tin-producing

The General

Services Ad-

was

ininistration plan, which approved by the Slate Depart meat,

requires Congressional approval before it can be car- ried out.

naked

The Administration Congress to walve the legally required six-month

waiting period for disposals on 10,000 tons and to authorise disposal after the six-month waiting period of the remaining 40,000

tons..

Gradually

Representative Cari Vinson Lead and zinc were steady, Introduced a resolution yester- Ja New York, copper futures doy to permit GSA to go ahead today closed 13 to 15 points with the 10,000-ton disposal. A higher with sales of 205 con separate resolution is expected tracts.

by Congressional sources to be submitted this week un 40,000- Steadiness in London, despite ton disposal, These resolutions a resumption of production at are expected to get quick action large mines in Chile and Utah. in the final days of this session. brought some commission house

Even if Congress walts until buying while many sellers next January to approve the paused pending developments 40,000-ton disposal, it could he in the Berlin crisia,-UPI.

PRICES

July/Sept.

............ 2374-20

26-9/10-254% wwww... 25-7/18-25 Esinte crept this Sept. 20%

General markets, ... bax's, ports: Bepi,

Oct.

thick Sept. 201

AMSTERDAM

Closing prices all in guilders per kilogram, c.i.f. Sept: No. 1 rubber

No. 2 rubber

No. 3 rubber

No. 1 eripe

2.30 buyers

2.33 buyers

220 buyers

267 buyers

-UP!

COTTON

NEW YORK Cicsing prices ali in cents per

1b.:

Ape1

Oct.

Dec.

Mar.

May

Justy

Oct.

Dec.

NEW ORLEANS

35.30 hom 24.75

37.67

gin six monina

after the GSA

notice was published, that is on

next March 5.

be

Omcials sald the

speed-up

plan for the first 10,000 tons did noi mcun this quantity would dumped at once pr the market: 11 probably would be released gradually through the rest of this year and well into next year, one informant be- Ilaved-UPI

British car firm acquires shares

Madrid, Sept. 12.- The Spanish Ministry of In- dustry has approved a fechnical agreement bo- tween the British Hovor Car Company and the Spanish firm "Metalurgica do Santo Ang" under which Rover has acquired shares of the Spanish firm Investing revenue re- br calved

royalties in 1959,

다음

Royer 13 also supplying machinery worth £80,000, pay- able in shares of the Spanish firm, which has been authorised to export its vehicles to Including Argh countries, East Europe and South America, provided that the exports are channaljod through the Rover Commercial Organisation.

Closing prices all in cents per destinations

NEW YORK

all in cents per lb,:

REK Standard

Sepl.

30.25 30.00

NOV.

30,00

20.50

Jan.

20.10

20,75

ib.:

Mar.

29.05

Spot

May

20.05

July

29.03

Bept.

20.14

BINGAPORE

Closing prices all in Stralis

cente per 10. Lob. Maloyan

30.07

porta:

30,00

Ho. Sept.

30,90

No. 1 Oel.

No, 2 Bapt.

No. 7 Hous

No. 4 Sept,

подо

Apel rubber unbated

Hankel SPE

LONDON

maret Ballers

File

LIVERPOOL Closing prices

att in DOT1-8716 87-974 per Ib.: Band

American Contrso#

1415-84

021-539

DO-87

74-20

2015-08

LONDON Closing prices, all in sterling

per lang ton.

Tin ist

Copper apol

5-month

Zine Apol.... +thenti

No. 1 pain crepe ...............****

Cloning pelees nil in pence per

121.1 No. 1, nes poi,

Heitlement HOLIDE LETTT!

2 Jan/Mar

Sept.

Det

2009./Deg.

Abesiune

28-13/10

Oci

Mixed Contravi

21.18

30.05

35.51

30,28

pence

Ipt.

n

Ip Birmingham today, spokesman for Ruver confirmed the details of the agreement as reported from Madrid, and add- el that it authorise Rover to Require up to 5 million pesetas worth of shares in the Spanish firm yearly In exchange for "know-how and information."

The shares acquired by in- vestment of 1989 were worth a total of 12 millon posptas, he cald.

Metalurgica de Santa Ana" way making Land Rovers under tho #grotnent, The Rover Asakeman addddChlog Ball

Spacial.