Page
RANSPORTATION
NEW NERVE CENTRE FOR
PORT OF
THE
* THE CHINA MAIL, TUESDAY, JUNE 16, 1959,
Canadians Want Trade Export Protection From
Figures
Asian Goods Cheer London
Ottawa, June 15.
The
Far
Industrial Average
Down In New York
New York, June 15.......... Weakness in Du Pont wluch lost four points and declines of a point or
Canada's kititting industry today asked the Tarin publication of Britain's more in Johna-Manville, International Paper und TeXDEO BEGUɣNE the
Board to give it increased protection agälist low cost imports mainly from Asla.
OF LONDON HONGKONG
THE now "nerve contre" of the Thames Navigation Servico sot up by the Polf of London Authority, Has come into full operation at Giavesend,
The service funcilons from a mi new buliding bulit at a cost of
about £80,000. The
hensive
VHF
compre. frequency-
Douglas
Announces
modulated radlo telephone A. New Medium Jet
Che
system operated from centre will provide ships filled
Paris, June 15:
information on berthing and all Douglas Alicraft Com necessary complementary navi-pany announced today gational data, including the st the Paris air show that I
state
STOCK
EXCHANGE
Oui Own Correspondent.
London; June 15,
facord” truda's exporta.
· Ekscled the itsék markari 10day and Industrialk – In particular Wáro fittal Himar with the prospects of the farter expansion of industry.
The request
was made in 118-page brief presented to the
Ellowhere, Board on behalf of the industry
the however, by thu Primary Texilies matkäis wero qulet but nem. Insillute.
It was read
Glit-edged maintained a firm by Mr Ralph Preagravo, Vice-President fana and were often 25 3d to of Yure Knitting Mills Limited,248d better. Greek bonds lost
stock's ground. Dollar mixed,
Toronto.
Biel
werd
quiet Insurances were mainly
Modost Increase Danking shares were
|
f
swift
415 | Tuxar Co
···Industrial äverage down on the stock market today. Ralitose ties had several Publik Industise gainers; notably Unith Pacifle PO ...... and Rock Island up early anython'
Radio Carporsitan point each. Atlantic Coast Lirie Regubile Steel lost dicatly a polik. Uillies eroalds Metal moved irregularly,
Steal and auto issues ruled steady to firm. With prion changes rattone.
Royal Bank of Canadia Sears Roebuck & Co. Shell Oil Co.....
Bateway Stores
saint leg. Esper
Betantay Inc.
Ecott Paper
an Hair Oil
The market closed on
Bocony Mobil "Oil irregular note with trading Smith, Cline Trench | light. The list frled for a time Bohr Aircraft
to move ahead but was unsettled Bouth Puerto Itica:
Super by a weakening in plywood Southern Co. (The)
Southe National Čas And соррет
Issues. Toward Southern Railway Com.). closing some support was noted standard Brands In the leading issues where Biandard Dil of Cal
nail guins were recorded in nevtral
Thic brief
proposed a
market in industriai "modes?" increase in duties on
cheerful all types of knitted goods and equities presented a febrics to give the Canadian in-appearance but most movements were small. There were, how- dustry
New Low a reasonable chance to ve and prosper.
ever, severnt notable features, Vattrie were marked up sharply
American Telephone stood following news of an abortive | out in volume and met some bid by Arusha Industries.
Business done on the Hong.
Stock Exchange This It said the Industry is now kong morning amounted to approxi-being undermined by low-cost of the tide, position of will place on the market tiens and the morning's runs Far East.
nately $761,000. Noon quota-imports produce mainly In the obstacles and weather conditions now four-motor éivilian actions: throughout the course of the
transport jet, the DC-9, do- waterway.
To reduce the delay enused to signed to operate over short shipping by fog, a Decca high and modium distances. definition shore radur sel hus been installed with its Also Runner the roof of the
on
building.
RADAR DISPLAY
HANKS
This is the sixth In a series sales of Tariff Board hoarings started In November 1957 after the Finance Minister, Mr Donald Fleming, ordered n review of more than 100 tariff items covering Д wide variety of lexilles and clothing.
ATO
2015
1.00
DI 437
11.20
520-260 500.00 15.35100034
Airaten
uyers Reglare
tanke. 102.5 INSURANCES The plane, which could be Union... celivered in 1903, puis a com- Lombard petitor into the short su mid- SPRING
Whicclock ale-range Jet neid,
tar. Whert. occupied -only by France's Dock
11,00 11.00 Caravelle jet airliner. But the Provident
Tu Ino LAND, ETC. Douglas offer was good only on
that the company bk Bôtel. 20.80 condition receives orders for 75 to 100 of! the new C-9 craft.
Another American firm, there Lockheed company, proposed Resily
RUKBER Italian and
Amaig. that the French,
aircraft Industries German
version Trant construct a European
cargo of the C-130 Hrailca
talks had Sungla plane. Preliminary an overall picture of the volune rought out the fact that the UTILITIES and density of shipplag and can plane was rulted to the plans
Vessels. advise in ward
for of European millary head-
and the Hercules, Light 7 175 27.60 1000 example, whether suitable an-quarters,
could be bullt under chornges are available above which Gravesend or whether they licence in Europe, has already ↑ Firetriz should wait below the reoch, been in use by the American
This provides the operallons room with a continuous ador display of Gravesend Beach and, in addition, harbour ger vice launches are fitted with radar
can transmit by ยางป radio to the operations room Information about areas outside the Gravesend rudar coverage, The duty officer in the opera tions room, therefore, will have
A further source of informa- Air Force for three years and flon will be provided by a fog thus had been fully proved. detector and visibility measure-
The offer. howryer, FLING
D
Trumm
Yameet
י.
1,51
1.025 1.00 10,000
2.378
2.45
245 11,000 61
2.60
2,300 v 2.40
#
DEVO 17
2.06
2.44
20 20.10
5:00 100
1500
109 147
The brief sold that unless the Industry receives “adequate" protection it
could be quickly destroyed by imports of foreign of any actual goods regardices. or potential degree of efficiency within the industry.
Proposal
The brief proposes that the 20.10
Ave existing Kalt Good tarin 28.10 liems be'recured to two rover- zing knitted garments, fabrics
17.00 and goods, and kaliled socks, 13.00 stockings, gloves, mitts 213 21.40 1100 e 21.30 headwear including berota,
2000 (7 213) 510 of 2723
Telephone
28.30 2015
730 1
850
500
Lo French-German | INDUSTINALS known 02 Transali Cemon!
ment device, Transmission of counter this Information will be co-project ordinated with transmission of cargo-AFP. data about the state of the tides.
Experiments are still going on
Dairy
with the system, which would Sydney Docks For Sale Wav
Rutomatically present visibility
and
tidal informallon direct
and
that
670 27.30 The industry proposes
20.40 the British preferential tariff un 23.40
knitted fabrics used for the 23.40
manufacture in Canada of 17, 13 ber footwear be 'doubled to 20 per cent but that it be not ess than 30 cents a pound. It seeks Increased protection this
34 32 2600 6
DCO N 33 200 10.10 10.20 10310.20 1000+ 16.25 13.7 14.10
Watron
Kwong
. I USTRALIAN interests are
COTTONS
4.95 trying to negotiate the sale | Texilies in the operations room by means
Мапутур, links with in Britain or Germany of two coded radio
xb 0.20 dockyards with ancillary - MISCELLANEOUS tide Cauges visibility recorders.
gineering plant, covering 50 INVESTMENTS
waterfront of vores of the Sydney, New South Wales.
Either dockyard or both aro available for sale.
of remole
FULL USE
With
this
service now
and
comprehensive available, it rests with ships using the Port of
int, inycal.
5:15
Exchange Rates
Bualness was done In the Loca
market
Ma
unofficial exchange
U.S. dördars (ppr $1}
The properties, it is said, are worth about £2,000,000, at the London to make full use of it. latest valuation and they In This means that they must be clude the Balmain and Wool-mag at the following extes: equipped with V.H.F. frequency with dockyards which havo Sterling notes" (per modulated radio equipment. operated under the name of Australian noun (per
Lalonesian rupiah) (per. 160)..... So for about 150 ships, or 10 Mort's Dock and Englacering sins cals for 100) per cont of the ships using the Company.
Singapore (Stratis) Port of London have this equip→' rent.
Dutch Yard Wins
U.K. Liner Contract
A
DUTCH shipyard hos wòn a valuablà contract from Royal Mail Lines to carry out on extensive refit of the 26,000 gross tong liner Andes.
The Flushing yard Koninklijke Mij. De
OL N.V. Schelde
Yesterday's Closing
li
cause it cunnot compete with Far Eastern supplies, mainly in Hongkong in the manufacture of this material.
The most favoured – nation tariff would be increased to 35 per cent from 20, but not less than 50 cents a pound, and the general tariff to 49 per cent from 25, plus 30 cents a pound, but not less than 60 cents a pound.
The brief proposes no increase an dutles on knitted garments, However 8.4 fabrics and goods.
16.39 boosts are proposed for knilied £2.50 rocks and stockings, gloves, mitis various other articles.- 20.75 und
101 Reuter.
330
COMMODITY PRICES
SUGAR
Deflon. Zfor/Apr. May/June July/Aug.
NEW YORK ...Closing prices,
per lb.:
Mixed Contract
July/Aug.
22.23
Oct/Nov.
Dec/Jan.
21.50
NEW YORK
Mar/Apr.
All prices in pence per
May/June
will air-condition all passenger cobine and puble rooms and will rebuild part of the püsten- ger accommodation to that every cabin in the ship will have à private bath or shower with Tollet Facilities.
July/Aug.
Contract No. 4° (world)
SAO PAULO
Lend
July
July
Sept.
Sept.
All prices inquoted._
Joft.
Mar
Average price in U.S. at 14' de- sixnated apat mærkets: 34.51 conts. Total males: 6.403 baler-UPI.
Zibc
SCUL
Copper
May
July
Sept.
Why
Sept
3.00
Tis
Spot-lab. Cuba)
2.30
Open interest: 8,10 contracte.
July Sept.
Contract No. 0 (domestic)
Juls Sept.
$.14
Nov.
1.86
NEW YORK
Mor.
5.00
Rex rubber
futures closing upon session: priebs_nil in cente ver ib.:.
interest: 4,201 contracta
Nevi
Spot
--month
Copper
ban
north
-4669
RUBBER
all in conta
LONDON
11.21b
10.54
10.70b
20.13-14b
20,50-832
101.01
101 BOD
Steal. Shares
new
support after touching a low at $77% off 15% points. Boeing Airplant was active and aled hit a now low froin which sicet shares
strong. It Wero
inet modernie support. The Industrial favourites of Georgia Pucile in the plywoode
and Amérienn
Continental Icet as much as 83 points, bo investors, Unilever, Metal foro suppbet dévoloped and at Box, Brish Oxygen and Tube Its low Us. Plywood was down Investments, were all hidier.
more than two polits Melora moved ühedd sirico Britain's booming export trade is chiefly helped by automobile".||
werd i, dim exports.. Stores sector, Brewerks were strane, towards the close after a quiet The kaffir market hardened.
day.
Whilo Blambrid WETH firm again,
coppersdriflect lower where charged.
Oils moved thi narrow frista.
Itubbers hordenes in places. -UPI.
Closing Prices
tedd blida
British Transport" 3%, 1978/03-^-. COTL
Canol 27-281-7/10. Consol
**
ET-13/10.
Conversion Dom
3.
400-3/10.
Funding
Loan
E831.
Funding
ENT
Funding 4001.
Today's volume was 2,410,000 shares.
of a total 1.180 issues traded, 388 were higher and 50% lower.
American Exchangó volume. was 990,000 shares.
·Bonde, volume amounted to $3,140,000,
Closing Prices
Abitibi Bar.& Paper Alden: Ing. Aty. 1 Algoma Steel Corp. Allied Chemicals Ailled Mills Inc. Allis Chalmer Am Brake Bitbe American Airling Cable American
& Radio Corp. 1500 American Cyanamid Co. Attar. & Foren. Posar 1930/00-A. Oss & Electric
Stock 31%. 1999/2004
Lean, 4%
1989/90
Savings. 1955/80-10/18. Savings 3, 1960/70-411-19716. Savings M
1963/15—276+371
Iranki
Barclay's Bank" tag`ord-bca. Chartered Bank Od. flongkong-2512,
Insurance Union Indurance Canion-E4-
and Motors
British
Tid
Actor Corp.
Ford Motor Co-075,
Brewirita..
"
Ord-1
Dizilers Com20 104.
Building and Materials Amsociated Pertland Cement-GBai Pinchin Johnson Assoctalex Ord -218 10.
Coal, Steel and Engineering Babcock Wilcox Lid-4d 3d.. Vickers Ltd-1374.
Food and Tédiées Brish American Tob, Co., 1.td-- 531 31.
Imperial Tobacco Co., Ltd-57 30.
Piscellaneous
Bettiah Oxygen Lad. Orde 134. Canadian Pacific Rly—$50. Dunlop Rubber Co-18s Dd, Hongkong & China Gas--13: Imperial Chemical-30 10d. Lyons & Co-70s . Vallever Ltd 99% $lád,
Paper
Bowater
Paper Corp Ord- Radio and Electical Associated Electrical-034. Electrical & Musical-323 64. Engils Electric Com2% 64, General Electric 328,
Shipping
Indo-China Steam Nav. Co. 'del
2
EO Steam Navigation def ord
- laud.
Stores
Great Universal.
Stores "A".
• lifes & Spencer Lidots.
Woolworth
10140.
r. w.
Texilies
Courtdüldə. Bid-one 64. Fina
450.
Co-
8planers & Doublers-24
Blinès
Anglo-American Corp of South Africa—191s · 10}%d.
Cona Goldselds of Bouth Africa ---739 0.
Cons. Zine Cora. Ori-05 01.
De Boers def-571 0.
ment-ite 04.
Free State Development &
Han, wong, T-45 1030.
Petaling Tin-ts.
Band-104 Ed.
Arm. Hama Prod.
Am. Machdry, American Melil Am. Natural Clai American Belting Am. Sugar Het.
Merican THEN TH
Tob. Anaconda Copper Armeo Sleei PADROUS
Allas Core, Mining fatdwin Lima-Ham.
Baltimore Olio Haft at Montrel Benefictal, Financ Bendix Aviation Corp. Benguet COAL ME Bethtetfern Steel Booling Airplane Borden The Co, Burroughs Add Machine British Amer. Ø1 Cant. Packing Corp. Cana. B. of Comin. Campbell Soup Co. Canadian Pacie R, Case (J.) Co. Cal Tractor. Firs Celanese
CIT.. Camp, ...
Chase Manhat. Bank Chrysler Midlot
Clunts Peabody Colgate-Palmolive Co. Columbian Carbon Co. Commercial Credit Consolidated Edison Continental Oil of Dej. Crane Co. **** Crown Zelleriaal: Caban Amar, Bugar Diamond Alkali Diamond Cardi Dominion 810 Dow Che
Dupont de Nemours Faster Alrilne Eastman Kodak
Po National Gas Family Finance Corp. Mitestonie Tyre & Rubber First Nat. City Bank Ford Motor Co. of Cans. Ford Motor ..................... terseral Dynamics General eviric General Fooda General Motors Che Pub. UUI.
Tyre & Rubber
Getty Ou
lidden Co Goodrich (2F.) Ca Goodyear Tyre Gemand Kretuli
་*་་་་*་ Maribor Organi conditerdeti Newport Corp. tornestske Mining Co. Hiramar » metre.
Invest-Quitou
Southern Kinta Cone Zid-25%
Unign_Corp-834.
Wess Driefontein Doldrining-133-
Closing prices, all in sterling | 1996 |
per long ton, imofficial after-Wont and Con-25 101.
July: 3 Bept: 33.50; 33.30: San: 53.40; Mar: 33.30; MAY TA 33,18; July: 33.15.
SINGAPORE
All prices in Straits cont Load it half perb. fo.b. Malayan ports: June..
Zinc ist half $415-0414 Klept,
No. 1 June
No. 1 July
Ne. a June
No. 3 June.
056-0016 DO-01
Sept,
Athe
700 7001
790
British Borneo Petroleum Syndi Briti Patroli tu. end on
cate 52
IN D
18. Trading-1518
Royal Dutch, Petroleum Shell Transport
4-Neuter.
Chicago Grain
All prices in cents per bushel:
Wheat No-1; 164
-VPI
Spot
A permanent air-conditioned cinema will also be installed and the already spacious decks of the liner will be extended,
THE PRICE
A spokesman of Royal Mall Libes sold that the question of price had something to do with the contract-being-plated-out- sido Britain.
In addition, however, the company's usual shipbuilders, Harland and Wolf, were 'al-.. ready fully occupied for some Urad ahead on reft and air- conditioning work on Perlhaglar and Oriental Steam, Navigation group liners.
The 20-year-old "Andes is al- ready a well-known eruise liner but, the oko operates on Royal America Mall's Dritain South mall service. After her refit, however, she will be used solely for cruising as a one-class chip. The rent will provide about 500 berths >It completely ala conditioned accommodation,
Norwegian Slump MORE Norwegian Ships aro
naw fold up than at kny time since the current shipping started at AAAA A survey by an Oslo news- paper states that 188 vowels Totaling 1,370,069 tons were zalul up na of April 10. Tika is the of 15 ships and 201,102 tone from March 18.
ઇસ
COTTON
NEW YORK
All prices in cents per Ib.
+ Spot
All pilees in cents per Ib.
May
July
LIVERPOOL
All prices ta pena par Ib. American' Coltelloi
Ku. • June aidiy
Spot rubber unbaled
Bianket erepe
No. 1 pale.cropa
All prices in pence per fb.
Ng. 1 Rus spot ja
Settlement "house term
Oct./Dec.
Jen/blar.
April/June
General markala, cili tasla, paris
AMSTERDAM All prices in duilders, per kilogram; self. JJune:
No. No, rubber
25.19
FOREIGA EXCHANGE
NEW YORK
Closing rates:-
Canada
England official
Asiriralik
New Zealand
LONDON
Closing rates
2.70 1500).
2:47 not.
线
Zurich
•239-13/10
July
Oct.
Dec
May
July
NEW ORLEANS
Suce
July
088869227.
1,49-84
July/Bopt.
92-94
20%-100%
LONDON
Jul
Bepil.
Estate, crepo.thin
July
matalo crybe thick
July
00.25
2744-28
187-185 nom:
Corn No. 2; sditor
May:
Rya
d Powe
|
Imperdel, OM
Ingeniol-fiend
mind Stee, CA,
hermal Coat
2013 Bulan, Machines Fr£1: Harvestar, in Infernalfons Nickel pois paper
John-Konville Co. Kaser Industry Kay & Power & Light Kefeisentt Copper
Kimberly-Clark
Ligott Merers
137 Tulip:
| Litton Ind.
Lookhood: Alterast -
Loews Drp.
Lone atar Cement Co. Lowenstein & Bonni McDermott J, Nay Mebonnell: Atrorali. (Am **Block Ex®, 1-
Mesa Tron Corp. | Minnesota-Mining;
kisten Dévalopmēņi. Monsanto Chemical Co. Montromery Ward Motorola Inc. National discul did.. Nejonai CRIN; THE,
National Dairy Prod. kesi Natione e
National Atest Corp, e
Noranda Mints Lla
| Norfolk & Westom; Ry:
| Norte Amer Aviation
North-west Airilões. (Com.)
Olin; Maintenon.
Peckio: Cas Parentsant
Standard Oil of Ind
Standard Oil of NJ,
Stamp Rock (Toronto Fxge.)
Sterling Drug Co.
Stokely-Van Camp. Stone Webster ... Studebaker-Fatkard Corp. 1 Bushine Midinginka
Co.
Textron HE,,,
619% | Taokai „Emoji.
Tide Wear Adams, Oil". disfruak. Wärtueti
7 Tune Ino......
475 Twentieth Century Fox Film
Union Car'de
16th Union Of of Cal.
491% Union Phelfe Railw
United Algraft
United Frull
United Gas Corp.
301
11
BUT
47% US. TAI "D"
44.9. Gypsum
231
23
US. Rubber.
U.S. Line Co.
US. Smelting
581.3. BINE
10
4015
U.S. Ezeel 7 P.C. IF
0354 Warner Elzon, ................
Waukesha Motore... Wedinghouse Air Brake 10% Westinghouse Electric 123% Western Union Tel. Co. Weet Va. Pulp & Paper [632|| Win6=23}xio Bises Woolworth (K.W.) Zerith. Hladio
65
WANTED
SHIRT MANUFACTURER
Leading West German man's underwear manufacturer with first class sales organisation In West Germany and neighbouring countries seeks business connections with a men's shirt manufacturer in Hong Kong. Would · consider continuous deliveries of goods on a large scale, exchango of experience, participation in the existing enterprise either by capital investment or by supply of modem machinery alteratively would be prepared to take over the business. Advertiser is prepared to come
to Hong Kong for negotiations. Write to:
K.Å. 9980 Westag Werbeagentur, Schildergasse 32-34, Koln Germany.
P.OBIE.A
COMPANIES
PASSENGER/FREIGHT SERVICE
PENINSULAR & ORIENTAL S‚N, CO.
OUTWARD!
"BURAT" "PINJARRA" "CANTON" "SOUDAN" "SOMALI”. *CORFU" "SALSETTE”
HOMEWARDS
"CANTON" "FINJARBA" ± "CORFU "BOMÁLT" -"UARTIÌÁGE! '..
"BUNDA" *
22nd Jund 23rd June
LEAVES UK. Balled 225
Salled 30/5 Salled Vo Salled JOLA Salled 7/0
June 20th 21st June
DUE II.K.
3rd July Dth July 10th July
27th July
LEAVES H.K.-
· 3rd Aug,
DUE LONDON
path July Eth Aug. 6 p.m. 18th July ` 19th Aug 5 p.m. 31st July 1st Sept. A p.m. 18th
Aur. Bist Sept. 8 pm. 29th Aug. - 28th, Sept.
0 p.m. 17th Sept Oct.....
Via B'pore, Penang, Colombo, Bombay, Aden, & Pt. Suid. "PINJARRA". proevés. S'park, Aden, Ps. 24id & Londori, kence to Hamburg RotterAkuE & Antwerp. ***EUNALI" and "BUNDA" omit Colombo and nembay and extend to Hamburg, Hefterdam Astwaip.
BRITISH INDIA S.N. CO., LTD.
"HAYILDAR" due 17th Juno
gas 18th. Juna
"BANGOLA". due 23rd Junk-
from Japan
for Singapore, Penang, Itangoop, Calcutta Chittagong
from Japan. walls 24th June frem S'pore,, Penang,
stahauon & Calcutis
P. & 0./B. L JOINT SERVICE
"OBRA"
"ORDIA"
"OLINDA"
VORNÁ”.
in, Port
from Jepen salia 170k Jung, for Singapore, Honsbay. Katachi, Bubal, Mährein;
Dastal Khorramafir
Que
als 20th June
its via Itom Jaban
Singapore, Penang, Medica Cochin, Don Bar & Karachi
Bae 20th Jun from Karsel. Bombay.
-Evenir-O-Bingapore- salis 29th June 1oz Japan dus 10th Jul tròni · Karách!, Bombay,
Coentit. - Túlcoring Hingspore 'antio 370s July” rar Japan,
EASTERN & AUSTRALIAN S.S, CO., LTD.
iosde 25th June "NÄNKIN”.
walls 90th June terapilitinus, - Sydney, "PATTERN SE Sur for Laurand anders
fourne & digikidu.
Melbourne,
“Ati vewati have liberty, di chi at-kay" portk, on
or și fik route & the fonts as klinga ára sanjata
MACKIANOS MAGETLAH & BA OF HORG FOR LIB.