NSPORTATION
Million - Pound Port
For Hull Development
NEW port facilities at Hull, comprising a wholly reconstructed Riverside Quay and major developments along the south side of the adjacent
Albert Dock, were formally opened recently by
H.R.H, the Princess Royal,
Apart from the new Riverside | Quay, the works include
The port of Hull, with dorks
the and works covering seven miles
quay fueing Albert Dock, seven
lag, and
a system
* THE CHINA MAIL, TUESDAY, JUNE 9, 1959,
UK-PEKING
HONGKONG
EXCHANGE
TRADE AT STOCK RECORD HIGH
London, June 8 Trade between Great Britain and China is stil! at
record high in spite of reduced new orders, Busine dane on the Hong-
kong it was reported here today.
Block Exchanis thi Brit in's exports to China moning amounted to approx
mately 1516,000. Nom quota- during the first four months ions and the morning's an of the current year totalled actions:
OUTFLOW OF f 400,000 Rainst 33,767,-
AMERICAN
GOLD STOPS
London, Juno 8.
the
Shares
FC Bank
Lombard Waterboat
000 during the correspond- BANKS ing period last year. On INSURANCES the other hand Chinese im Union.. ports aggregniod £6,259,000 against 4,301,000 last year. British "exports were mainly iron and steel. £2,451.000 wire, £2,084,000, and Коррет machines, 1,018,000.
year before.
Chinese Imports bristles £1,551,000 cachemire und ducts.-AFP.
A big drop in experts of woel The outflow of gold from the tops was registered at £340,000 of the Humber river front, hus
United States which trail-worth against £2,194,000 dur- trangt sleds, a passenger build-long been amongst the principal
ed off a month ago has in the corresponding period a of runds, ports of the country for value
of trade in foreign imports, ex- stopped completely in rallways and other facilities in-
ports and re-exporis, Over 8.- cluding eighteen whart cranck.
past fortnight. 000.000 tons of Import and ex- coast- The former Riverside, Quay, | port trafle, foreign and
Foreign central banks are kill reserves, lo length. frouting wise, passed through Huh Jax heavily gaining dollar 2.500
16 The River year and the value directly
Its over- but they evidently reteala frog Humber, was completely
cies- Beas conumerce was £382,000,- converting them imo gold troyed by enemy action in 1941. 000 so that I ranked third in either for their own account or the United Kingdom after Lon-tor arbitrating in the London The works which have been provided, at a total cost don and Liverpool. of £1 million, will contribute valuably to the facilites and amenities of the port of Hull.
**
on
REPLACED
now
A length of 1,005 t of the ol Rivonide Quay at the eastern nd has been entirely replace: in pen, paled remförved con- rente consircetion, with a depth of War of 19 16 Ins at the
Liderl lowout gring
un
Over
PAA Jet Service
To South America
Miomi, Juno B.
gold market which accordingly holds sightly above the US. oficial selling price.
In the week to last Wednes- bunks day, the foreign central gaitied as much as $123 million at the Federal Reserve. They added all of it to their dollar to their helding ($66 millon dollar balances and $57 million to their portfolio of dollar
none of im
SHIPPING
Wheelock
Pago
Stock Values Slashed
Again In New
York
New York, June 8.
Stock market values were slashed another $4 billion when
a day of routine selling was capped off by a late drive that cut prices of leading stocks by as much as fire points on late tickers.
The market, timizin | Kenner Copper Aoughout the day, brake when by cack Loren
| Lagnets "Megrens Tob. Co. Ely Tulip
The Sicure paused a gir tending for another year the item Ind....... Bayars Sellers Balas
Korean War corporato and Lockheed Afreraft 630 *** 100 @ 0675% (ienceline tax · rates, with
Senate approval expected to follow 12 શા
nOCKR, ETC.
K Whart
Dock ...
Talkoo
LAND, ETC.
Hond
30
jus and. * 33
BUDER
Tawah
Star Ferry 15
300
$20
27154
500
3
1.90
shortly.
interest
·
own Incorp,
2001 Standard en
cake Standard C2"ge (Qal. KINO BLADdard' Qu sĽAN.
קסי
standard of "OETEN, ... Steep Roçki (Tdronto Xxge.) 3095 Sterling Drug. Co. te
Blokely-Var Camp. 334%
Rtone & Wabiter Studebaker-Packard Corp.
ps
Lone ber Cement Co.
McDonnell
me on
371
Mobi sten Corp.
13714
Textron, Inc.
Mock Ex#.)
While widely anticipated, the Minnesota Mining exienalçin, coming on top of Pre-¦ Milation, DevelopmSIT sident Eltenhower's request for Mats Chemical Co.
Montgomery Ward inerea soci
rates
Motorain Ino. ... moving bands, removið of the National Blacuit Co interest restriction on Treasury Sational Cash Reg. "A"
National Dairy Prod boost in the National Les socurilles and 300 g 33 Fiational debt ceiling, ofered an | Netlengi Steel Corp.
excuse for profit-taking in a New York Central
Noranda Mines Lid, market, where there was little inclination to support a further advance.
2004
comprise
soods, oil chetnical
Humphreys Stealfy..
15.40
1.55
Amal 230 200
3000
*3) 3.16
pro-
UTILITIES
Tran
€90 dr
Yan
200 107
100 o
100
400
C. Light 17.00 110 1000 Feetrie .. 27,20 2016
Telephone 31.30 20 40
17.00
400 47
10
600 4
Chicago Grain Prices
Chicago, June &
All prices in cents per bushel: INDUSTRIALS Wheat No. 2, red
112
144
530
9.10
13
1201.
1221-123 120-14
COTTONS Textiles
Nanyang..
MISOFLANZOUS
Vibro
INVESTMENTS
I.K. & E
Inven... 12.00
1000 20,33
Norfolk & Western By.
North Amer. Avtallen
North-west Altlines (Com.)
Olin Mathieson
O Elevators
Sunshine? Mining
Swift & Co.
Tekar.Co
Thlokol Chem ....
Tide Water Azen, Öll
1111, Tri-Con), WarranER
6714
12714
01
321
The Tic.
Twelieth Century Fox Fitm
Valen Carbide
Union Oll of Cal
Union Pwelle etway
United Aircraft,
United Trust
United Gas Corp.
U.B. TO "B" UB. pum US. Rubber
B2 TTS
4318. Line Co. U.S. Bolling 724 18. steel
351
Merger Plans
Owen-Bavis
lais
.
Oxford Paper Cu
Pacific Gas & Elec.
Pan American Airways
·
| Paramount Protüren
483
Parke Davis Co.
Pen. Ball Co,
cany. C. Cu
American
Phillip Morris
Pitney Bowra
A fow issues moved in Hoe with individual news develop
menia
Aviation
North
spurted more uan
Procter & Gamble Co. three points and held over A Pittsburgh Plato Gla point of the rise when merger Publieker Industries plans with Foster Wheeler were Pure Oli dropped. The latter fell more Radio Corp, Pret than six points on the day.
Blue Chip
American
Raytheon
Republic Stee)
Royal Bank of Canada Tele-Bora, Roebuck & Co.
Sell Oul Co.
Saint He. Pater Behenley the.
phone, off 11⁄2 at $79%, was the Safeway Bloros day's most actively traded issue, followed by Foter Wheeler, Aluminium, off a point at al, and by North American Avin- tion.
500 24.30 208 30.30
100000
Comment..
30
31 1000 or
BOO
Spot
155 nuin.
$100 0 J03+
Sept.
7072-5
STORES, ETC.
Dec.
Mar,
ID3-14
Dota
Katry. 10.10 10.30 Watson
1009 10.20
May
Lane, Crow
$4,70 17.90
000 37,20
Coin No. 2. Fellow
Kwang
5. 1.
130
July
Sept
Dur
Mar
May
Пус
U.S. Kuld
July
Seal
Onik
Judy Beot
(312
Boybeank, No. 2, yellow
Sput
230 run
Jy
Bept
exy321-12 712-
Nov.
Jan.
21221
the Local Business was done in unoficial
THR exchange market inorning at the following rates:
actions.
ALT.
285
Barley
US dollars (per BI)
5.75
Spot
Bierling notes (per £1)
15.29
120-135
Auritalian notes (per
1)
12.03
New York flour
Indonesian rupiah (per 100)..
4,20
500 ib, sock
$13.10
CITY LIGHTS
Blam ticals (pre 100) Singapore (Straits)
24,70
1.31
DAN American World Air-[ammets) and took
ways announced today gold, 40 ft at the latest bight water, will begin all-jet passenger In the corresponding (seventh) with three transit sheds each [service between North and week of last year's 280 ft long and 82 11 6 ins wide. South America on July 20. outBow and in the corresponding The sheds have
interior
Just year, calendar werk of The airline's Boeing 707 jets their gaine of dollars were headroom of 20 t and sliding doors at both front and back will span the 5.444-mile route much smaller but they then 18 ft 8 the wide and 18 fi 8 Ins between New York and Buenos took respectively $100 million
There is a width Aires in 11 hours and $5 and $50 million of U.S. Rold. clear height.
flying time. The China Mail Special. of quay of 23 ft at the front of mintiles
pinn wide 575-mile-on-hour the sheds and a 10 ft loading platform ut the back carry 110 passengers--10 saved by two lines of railway class and 70 tourist etanz track,
Stops will be made nt Carocus, Venezuela, and
Melling stop also will be made at Paramaribo, Surinam, until completion of a longer runway at Caracos-UPI,
The quay itself has no rail-Asuncion Paraguay. A
will be
way truck, so un entirely un- obstrucad working
and nvailable, equipped with and portal
cranes.
thres 7-tun 2:1- six 3-ion capacity
lufting level
electric
A new quay of open piled relu-, Low Level
forced concrete construction has been provided on the south side,j
1,513 ft tong
10
Quay
of Albert Dock,
40 EL further and extending into the sock than formerly in order to give additional work- ing space. Four sheds are pro- vided, each 288 ft long and
wide, similar 02 fing those on the Riverside but with the sliding doors 10
ins wide and 18 ri, high. The 40 ft width of quay in front of the sheds is provided with two lines of railway track and will be equipped with eight 6/3-ton and one 10-ton capacity hutting elce- semi-portal level
trie cranes. There is also a 10 It wide loading platform served by two lines of rullway track, as in the case of the Riverside Quay.
FEAT "engineering
Bl Lisbon,
altimeter widen part in the
will first
Altimeter
of electronic shown at the radbo
*D
plays a vital bind
landlun ystem and can
measure the height of an aircraft down to two feek Operated on a pulse frequency system, the milt-
meter has an accuracy rating which permits a low srole of 0-5,000 only.
At the east end of Riverside Quay extensive secommodation has been provided for passen- gers entering and leaving the port, with all necessary amenl- ties for the passengers them- solves and for Customs and-im- migration procedure. The pas senger bullding is in contem- with porary style, constructed reintateed concreto frames and pangiled with glass and brick.... m Great attention has been paid to interior detail, which is also in contemporary style, and extremely line mural, the work of full ärilst Mr Dennis Booth, depleting the traißé
the
<
all
Humber from the Viking long ship to the present day, hus been provided in the waiting room.
MAINTENANCE
mam
was
Considerable attention- given in the design of the works to reduction of maintenance, The new guys are founded on precast prestressed concrete lles made up of three sections,
and the
centre
Yesterday's Closing
wouldn't* xuy those [." }
shares you recommended were a complete lOTU,
old man. We managed to pet quite a pleasing ofcol with the certificates in
the guest room."
London Express Berrion
Exchange Rates
LONDON MARKET
CLOSES LOWER
London, June 8.
The stock market closed lower today under the lead
of industrials.
Gill-edged securities register- į firm opening. Other base metri ed the lower trend and falshed | shares were dull. generally unchanged
Olls were narrowly mixed
A long list of industrials in- UPI.. cluding brewery, store, en- shares and motor gineering suffered extensive falis.
German bonds were dull in the foreign bond market, Dollar stocks were mixed.
Gold
slack cased after a
COMMODITY PRICES
COTTON
NEW YORK *** All prices in cents per lb. Spol: 30.23 nem: July: 34.15 Oct: 32.47; Dee: 32.40: Mar: 32.80; May: 10 32.30; Or, 2031
NEW ORLEANS
All prices in cents per lb. Spot: 34.00: July: 34.74: Oct; 32.40; Dec: 32.47; Mar: 32.10: May 32.90 July: 3 Oct: 30.31.
LIVERPOOL
All prices in pence per fb.:
American Contract July/Aug: 2333; Det/Nov: 21,45; Dec./Jam: 21.25: Mar/April: 2120 May/June: 21.45.
Mixed Contract July/Aug:
Oct/Nov: 23,03: Dee.Jan 21.00 "Mar/Apr Bay/Ju11; 21.40.
SAO PAULO
No. 2 June
Nu. June
No. 4 June
Blanket grepe
Spot pobre unitsled...
3 month
Closing Prices
Giltedged Bande
British Transport 3, 1978/38-- 07-1/16.
Consola RIIAO,
Canpols, 1-74-7/10
£03-137716.
Conversion
Funding
LOAN
Sinclair bit
pot Paper
Bath, Calne & French
Harony Mobil Dil
Bolar Airth ......
Bouth Purito, itico, Bugar
For most of the session trad-Southern Colou Ing was slow (the first hour the Southern National G lgbtest since February 12) but Southern Railway (Can) just before the close na the Delling accelerated reporting tickers ran As much as four
foor manes behind
trans- Turnover totalled
2,870,000 shares.
Of a total, 1,232 shares traded,
200 were higher and 858 lower.
American Exchange volume was 1,470,000 shares.
Bonds volume amounted to $6,150,000 shares.
Dow Jones closing were
30 Bachantesats
05 Mos
50 and
Cyntax, future priot kodex Moody's knöRE
Averages
Closing Prices
Abitibi Pwr. di Papar Alden Inc. Acy:
291% d
4215
Alpoms Slee
Allied Cernicaly
Allled Mills Inc.
Allls Chauners ..
Am Brake Shoe
-
American Airline personne
American Cable & Itúdio Corp.
American Cyanamid Co.
Amer, & Forgn, Power
Loan
19:9/09 3%
Funding Stock 35%. 189/2004--- £71-9/10 x0.
Funding Loan
1900/90
Bavings 3% 1935/85-£91-1/10. Seving %, 1993/70-20-13/10. Savings 35. 1900/75–170-1736. Barclay's Bank "A" tid ord-sle
Chartered Bank--48a. Ingkong-C10}",
Union Insurance Canton-#435..
ALFCIATE End_ Motors ·
British Motor Corp.
W!%-59
075-80
3-month Copper
bu
700
70014
237!*
207७
101-071 10045-30045
Zine at half
T7 7014
tryd.
„LONDON...
Lead at half
609
Sept.
--- UPI.
No. 1 pals crepe
All prices in pence per W.;
No. 1 R apot
2016-281%
Settlement, houuso.ierp.
July/Bept
Out./Dec.
Jan Mar
April Juris
29 201-20 2833-20
Generel markets, c.l.t, basla, ports:
Juty
Sept.
Estale crepe thin
July
Estate crepe thick
July
2836-21 231-19
30J1
30%
AMSTERDAM
All prices in guilders kllogram, c.lf. June:
No. 1 tubber
No. 3 rubber
| Na, a rubber
21.20:
All prices in eruaciro per
July 30.00.
the top and bottom being short kilo. solid unita section Hollow. The three units Average price in US. at 14
ore joined and stressed to
designated spot markets; un-
gether by high tensile steel available. Total Aales 9,949 bars, extension pieces being [bules-UPI.
added as necessary. Rigidity is imparted to the quay structure by The 180 ot built-in -rectangular precast reinforced
concrete frames both transVÉTÉĆ- ly and longitudinally, and sa order to avoid expensive shut tering over the water the deck Is constructed of precast
00}}- crete unfis.
To absorb
wort the impact of ships
- during berlining operations: a
Bexible tendering provided consisting of how Greenheart piles, supporting horizontal wal- inga! and rubbing, strips, which
RUBBER
No. 1 erepe
June
Sept
SUGAR
NEW YORK
All prices in cents per lb.: Contract No. 4 (world)
Ford Molor. Co-Ex #C.
Breweries Dillery CD-~200. 415ch".
Balding and Materials Associated Fortland Cement-05
"Pinchin Johnson Amodistes Ontw 22 150.
Loal Steel and Engineering, Babcock a Wilcox, Indiás 5d. Vickers 291 16.
Food and Tobacco
British American Tob, Co. Lim
Imperial Tobscen Co., Ltd-80s #d.
MiscellaneqLE Oxygen
Brilleh
Ltd. Ord-578
Canadian Pacifle Ry—$32/4, Linien Rubber Comel Del. Hongkong & China Gas-13 Imperial Chemica)-774 1990. Lyon & Com70%, Unlever Ltd101 74.
Paper
Bowater
Peper Corp Ord-4)s
Radio and Electrical Asociated Rectrical-50% Electrical & Munteni-513 46. Pulish Electrip Co-429 D. General Electramazs vel.
July
Sept
Oct.
per
200
Зал.
3.03
May
301754
2.18 nom.
July
3.00
22.08
2.73
284
2.13 noin.
3.00 mt.
Open interest: $550 contracts,
---UPL
Contract No. 6 (domestle)
July
Sept
Nav.
Mar
METALS
Closing
per lb.:
Lead
July
Bept
Line
NEW YORK
future closing | vs Rex rubber prices, all in cents per lb.:.
July 84. Copper
Sept
"July
NEW YORK
prices, all in cents
July: 24.78; Sept: 30.00; Del: L-traded b-bid.,” 33.50; Nov: 54.30; Just 5: Mar:
10, May: 120: July; 33.55.
SINGAPORE
LONDON
10.43b
10,700
30.526
30.200
101.10b 161,000
Sep. Cebol Bigot-1.1.0.
Spot-(CA4. N.X, ex-duty)
8.82 or
Inclo Ching mà Shan Na. Có th
220.
50 F&O Bleum Navigation det ord 3,09 |--359,
Open interest: 4,005 contracla- UPPE
FOREIGN EXCHANGE
NEW YORK Closing rates: Canada
LONDON
Cloding rates:
New York Closing peless, ¡ull' in 'sterling | Prestresi-
Copentagon Parla
All prices in Stralis cents per per long too, unofficial afternoon armis
diriribile bestblog impacts, thelbi tạib. Mainyah: ports: -
whale beat cushioned from the deck by rubber cylinders.
No, "1. SunE
100-1001
Dession:"
[Buyer` Beders - 380er
100%
-2.0% 0/10
Borne
Great Univerist Store ""BES
"Marks & Spencer · Ltd-156. 34,
Woolworth F. W. & Concu 3.
"Terties"
Conta 3. & P. Lideała Tid. Courtaulds L450371 01.
Anglo-American Corp of South Africa 1200
Am Ga de Electric
Am Home Prod. Am. Mach. & Fary; American Metal Am. Natural Gas American Smerung Am. Sugar Bet, ..
America Tab. "B" Anaconda Copper Atzco Steel Armour
Atlas Copa, Mining. En timore & Ohio Bank of Montreal Beneficta! Finance Send Aviation Corp. Benguet Cona. Bethlehem Steel. poging Airplane Borden (The) Co... Ekarroughs Más Machine Britüh Amer. Oil ..... Calli. Packing Corp, Cao Dk of Comm Campbell Soup Co. Canadian Pacific Came (J. L.) Co. Cat, Tractor
Celance Corp
Cllr. Financial Corp. Chano Machat, Bank' Chrysler Motor var Cloett Peabody ... Colgate-Palmolive Co. Colesbian Carbon Co. Cummercial Credit Consolidated_Edison Contimental Oil of Del. Grade De........ Crown Kellerbach Cuban Amer, Bugar Diamond Aiksil Diamond Card Donsdalen Stores Douglas Aircraft Dow Coversace La Dipant de Nemours Kastern Airline
Carmen Kodak-
ka Phan Tiational Ges Family Finance Corp. Fireman Tyre » KubbWU Fist yet, City Bank Ford Motor Co. of Cana. Jord Motor
Georxia · Pacifo General Dynamic General Leg General Yooda Games Motors Gen, Pub. Ch.
Cons Geldbelde of -Bouth Africa.... | Glas. Ty
Cons. Zine Corp. Ord—the 735d.
De Beers delmiste 100.
Tyes ginto Development - & Tuenate
mi
Pettine Tinedo 109)
Boulber iinta Cons-
Union Corp-Eds $114,
141 3d.
"West Rand Conse
British Borneo Petro Britists
Batty
KAMAR Co.
Rubber
Cipedrich (B, 7.) || Elbajaur Tyre
Drammen Aircraft
Hainand Orgen ****** Herden, Newport Corp.
Imperial (11
toiand Steel Co.
113020
541.
TO
40%
42
UB. Wel 7 S.C. IT Mattie Bro
Warm Molers Westinghouse Alt
westinghouse Grie
Western bestow' Tul. Co.
West: Va, grup di Paper Winn-Dil Stores
Woohyurih (K. W})
Zenith Radio
London Freight Market
ing
London, June 8. There was very fle churter- enacted .on the Baltic Exchange today, but several bookinga wore reported from world 'contrO9,--UPI.
POBI
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL SİN, CO,
OUTWARDS "SURAT" "PINJARRA”
"CANTON"
"SOUDAN"
"BOMALI"
"CORFE" "SALSETTE" }
HOMEWARDS
"CANTON" "TINJANKA" ± "CORFU" *SOMALI" *
- "CARTHAGE”
*BUNDA"
LEAVES UİR.
Balled 12/5 Babe 12/
Ballest 3/0 Balled Mas 9th Juma 26th Juse
21st June
.
JEAUER_11.K.
E p.m. th July
5 p.m. 16th July 5 pan. Olet July
DUE BAK.
17th Duna 31st Jazzy 3rd Sty gth July
70th July
27th July
20th July
DUE LONDON
eth Aug
17th Aug,
Sept.
5 p.m. 28th Aut 2011 Sept.
2014 Бег
-5 p.m. 28th Aŭg.
3 p.m. 17th Sept. 1 Oct.
Via B'pore, Fenang, Colombo, Bombay, Adan & PL BRIG., → “PINJARRA“ procsoda Bipore, Aden, Pt. Huis & London, thence to Hamburg, Rotterdam & Antwerp.
**DMÁLF" and "BUNDA" omit Colombo, and Nombay and extend to Hamburg, Rotterdam & Artwerp.
BRITISH INDIA S.N, CO, LTD.
“HAVILDAR” due 14th June from Japan
~alle 18th June for Bingapore, Panang.
Chittering *BANGOLA" due 23rd June from Japan. ́"
foodingazia Dith-June---- from a yarn, Danang,
Hangoon & Calcutta P. G. Q./B. 1. JOINT SERVICE
du 14th June from Japan sasie 10th June for Singapore, Bombay, Karschl; Dubai, Bahrein, Kuwait. Bozrah
"OBRA"
"ORDIA"
"OLINDA"
"ORNA"
Kharra zuhair
due 24th June from Japan
salie 18th June for 'nempare. Penang, Madzia, Cochin, Boen- bay Karachi
dus 26th June from Karachi, Bombay,
Coción & Kingspor **33* 28th June for Zupan
dos 10th July
salle 17th July
frose Karachi, Bombay, Cochin, Tuticoria di Bingapore
for Japan
EASTERN & AUSTRALIAN 5,5, CO., LTD.
**WANKEN***
*KANTERN"
landı 25th June sale. 26th Juna'ter Brisbane, Bydney
Melbourza
End July · Fedi Acstralia antie 4th July for Labuang Bandəkan,
Brisbane, Sydney, Mel bourne & AdmMA.
All vemaja kare tiberty to eat at may paste in or off,tap kanta in the rod fu ik sslingý kře midJack to change we, somdoong with or diftabul'dating'
For ful soluti
KADRINUN MAGKANZE & AD
J