Page
THE CHINA MAIL, WEDNESDAY, JUNE 24, 1959.
Macmillan's 'Unique Double
Wall Street May Pay Off HONGKONG
Stocks Meet Late Support
New York, June 23.
Stocks met late support today which brought some good gains into selected industrial issues.
Included Shell Oli Cu....
Safeway Hinres
The late gainers Amirlean Cyonamid, Amurleng Saint Red, Paper Motore, Aluminium, Reynolds | BehúnJoy Inc. Metals, Alcon and American Beat ver Telephone. A number of issues cute up from their lows.
Cyanid
was the real star just before the close, caming fiem no place to rule up more than four points. However, blg loss45 in Owens-Illinois and International Harvesters
:e
the herfriul average.
ulls were the sislurs
of the session. tronles mevest, within a renge. Specialties
hach
Irt
Sinclair Of
#mith, Caine & French Bucury Mob On
Boiur Alrerait... South Puerto Iko Sugar Southern Cu. (Thes Southent National Cas Southem Railway (Com) Standard Brands
Sardard Oll of Cal. Standard Oil of Ind. Standard
Hleep Rock
Sterling Drug Co.
weak
Stokely-Van Comp.
Htone & Weister
J.
Elee-studeaker-Packard Corp.
wide Sunshine Missing
Swift & Co.
gains Texas Co and losses cunning past a point.Textron Inc. Today's voltase was 2,600,000 Tatukai Chenn #hares.
Time in..
30
2231
301
(
From RONALD BOXALL
London, June 23, Britain said the Prime Minister in a weekend speech has pulled
off a “unique double.'
STOCK EXCHANGE
Our Own Correjondent
this
Business done on the Hont- kong Stock Exchange morning attounted to approxi- mately $034,000. Noon quota- tions and the morning's trans- nelluns: Bhares
Buyers Belura DANKS
BOS DOR! 300
"The reserves are stronger," said Mr Macmillan. "Our trading position is more healthy and world con üdence in the pound is very high. Morcover we have never enjoyed 18 months of such price stability at home in the whole of the postwar period. But we have done something more than achieve a stable cost of living. Now we have side by side stable prices and full employment,
Does this meanL
that prore important is the fact that of the economy as printing. In- Britain has arrived at that competition is now much more dred It's possible that if it wear on happy state of affairs which Kerner. Firma have been cutling on long enough a stoppage in prices to make snics-sometimes the printing industry could even has been the objective even selling at a loss to keep hinder the day to day working of successive governments their works going-and anti-of the governifient itself. Only | since the war? Unfortu- price axing
of re- now that it is threatened is the
nativilles
71
HK Bank.. Eart Ass INSURANCES
Lombard .. 3411 SHIPPING Wheelock 555 K. Wharf DOCKS, ETC Dock Provident.. Talkoo
life of a industrial economy 1 fotel | generally recognised.
HK Land
nutely not. For though strictive trade practices court all pervasive role of print in the LAND, ETC. there has been a downward are also having their effect. pressure on prices over recent months the effect of this is not likely to be per- 20manent.
041
Tide Water A Ou
ZH
To-Con. Warrants
| Twentieth Century Fox Fum
RZA
1410
Union U of Cal.
volume
Ürton Puelle Rullway
+ Of a total 1,210 issues traded
300 were bigher and 585 lower.
American Exchange
was 1,100,000 shares.
Bonds volung amounted
$1,890,000.
Closing Prices
Avited Pyr. & Paper
Alien Inc. Acy...
Alguns Steet Corp.
Alle taroleads
Allied Mills ne
Allis Chalmers
Union Carbide
United Frut
United Anera
Unused Gas Corp
U.S. Fall "D"
|18. GypsaTE
US. Le Co.
US. Rubber
S Smidung
US. Sleet..
374
24
324
US Steel 7 PC. P
1303-
Warner Bros
A Drake Shoe
Aberton Airit
Am. Cable & Intro Corp.
Aurrican Gyanend Co
KAT
Amer, Furgn. Pawer
ไ
Sra. Fun & Electric
154
201
A. one Praat.
Ar Mach. & Fdry.
Anser kan ietat
A Natural Cus
American Setting
Am. Bugar Ref.
American Tel & Tel America Tob "g"
Ahacundia Copywr Amaco Steel Amour
Atlas Conc. Mining 15aldwin-sa-ban. Halimate & Olio Hank of Montreal Beneficial Finance
Fiendix Aviation Corp
Farget Cush
Bellilebwoy Steel
Boeing Alplane
lurden 'The Co
Burroughs Add Marbine
British Amer. OJ
Calif. Packing Corp. L'onu, B. of Conn. Campbell Soup Co. Lensdian Pacie H.
'J. 1 pg. L'at Track5 Celanese Corp.
CIT. Financial Corp
Char Manhat. Bank
Chrysler Mutors Chuckt. Peabody
Colgate Paliolly C. Colombian Carbon Co
Cambercial Credit Complidated Edilson CentRental OM tal Del. Crane Co
Crowne Zellerbach
Cuban Auer. Sugar Diamond Alkal Diamond
Gard
Dominion Stores Douglas Aircraft
Dow Chemicals
Dupont de Nemante
Faster Airline
Eastman Kodak
Pen Nattnatal Gan
Famits maner Corp.
Firerfone Tyre & Mathher
First Nat City Bank
Ford Motor C of
Ford Motor... Grotgla Pacifie General Dynandles General Electric
General Fl
General Motor
Gen. Pub
.
Gen. Tyre & Ruiter
Gelly O
hiden ta.
Goodrich (B. F.) C.
Goodyear Tyre ...
Craman Aircraft
Gulf Oil
Iinmmond Organ
Heyden Newport Corp.
Honestuke Mining Co,
Hunion Refris.
idatie Power
Imperial 01! Ingerwill-Rand
Inland Steel Co.
Interchenical Corp.
In Business Machines
Int Harvester .....
International Nickel International Paper Int'l Tol & Tel
Westinghouse Air Brake
Westinghone Electr
Western Union Tel. Co.
West Va. Pulp & Paper
Wyn-Dide Stores
Woolworth (Wa
Zeth Rodo
Competition
Printing
set
#1
3 500
Page
GIANT AIR, DISPLAY OF JETS IN FRANCE
Tw
Paris.
¿WO hundred thousand people watched jet air- craft from both sides of the Iron Curtain stage a spectacular finale to the 23rd Paris Inter- national Air Salon, recently.
Aviation
observers agreed
that the Salon, which began on
160 or 2415 June 12, was the biggest show Atomic Submarine
5.05 1000 9.523
0415
100 D3
管理
11.00
1.90 04
120
27.10 21.30
of its kind ever held as 15 no-
tlons Joined France In display..
Irig the latest in civil, and Programme For UK
1105 military aircraft.
316 @ 32
25
33 304
200 ir 3312%
15.00 Humphrey Really
Costs have risen because the overheads did not fall propar-
to the output tiunately
when many hun were working below
The dispute in the printingBHER capacity. But now the output is Industry may
the pattern Amalg recovering faster than growth of
for costs and prices throughout number employed or hours industry for an appreciable time Tru worked which means that these ahead and for that reason
Sungala Wil UTILITIES with the greatest Traust
... interest by trade unions
Star Ferry and
Yannsti
As a recent survey of Indus-frins are operating more eff-be watched trial prospects
allowed un ciently. pewing int Cutpat, orders were accompanied by general- ly lower selling prices. Ruthie not due to tower costs of WAN 32% | praduelion, Indeed, the eosis her unit of output were semi- what higher and these were 1423) | being met out of profits.
44
Several reasons have been! adduced for this. One is that firms have been using up stocks of raw materials bulit up before the reassion and replacing them at today's lower prices. But
ANOTHER MOVE AGAINST HK
Manchester, June 23.
The oldest established firm in the United Kingdom tex
tile merchanling trade told all its customers today that the directors and decided to handle only cloth which had been spun, woven and finished in Great Britain.
I called on them to adopt a similar policy.
So for Aood. In the past, however, the main impetus to
therefore rising costs-and
to
が
135 L 3312
4501342
1624 1.55 80KG 1 1.59
2.40 1.45 8000 N/ 240
3000 21.25
2000 24.33
3.33
2.55 20.00 28.50 110
107 100
Precision Blying displays by DRITAIN is to commis- sion in service by 1969
British. French and American B
aerial
acrobatic Leams pro-
vided the top thrills of the
at least right nuclear power-
day at Le Bourget airport. All jed submarines. troffe at the airport was divert- ed to Orly airport, south of Paris, to prevent with the air show.
Interference Rolls-Royce
100 m 198
100 100
C. Light
17.70 17.00
300
17.DO
112
17 50
300
178
GOD 17.87
500 13.40
110178)
27.00 27.80 10,00 ....... 21.0 26.70
300 9 27.79
MOST APPLAUDED
Electric
Macao E
Tei
is therefore employers far beyond. those in- The expectation that costs will level out as pro-medlately involved. duction recÐNDUS.
For the basic argument in the And so long
is a common as the fremt towards more eff printing industry cicnl UND
Batel of manpower
une these days. On one hand the employees say they are en- machinery continues there will
itled to a shore in the increas- be scope for price reductions.
ing prosperity of industry. On the other, employers say heir product is already too expensive and that any further rise ist
without wages
compensatin savings in production costs will put it beyond the reach of many! of their present customers.
All the signs point to a lenz STORES, ETC, and costly struggle-and on the Dairy
Wa Bon outcome may well depend whe-Craw ther Mr Macmillan's "unique double" pays off---London Ex- prosa Service.
prices has been the upward pressure of wages. During the reetsstun there was lul in but now that wage demands business is beginning to expand again claims for mure for doing less are coming forward again, Car Workers
There was the case of the 115 Standard motor workers build-
ing bodies for the new Triumph Exchange Rates
Herald who brought their output down to one-sixth of what could be achieved because they could not agree with the management rales. They over piecework wanted
which
would a 'rote have brought them a weekly wage packet of between 新 and 250. The management offer- Trade, fold the House of ed a rate which would have wa- Commons tonight that unembled bodybuilders to earn up to
loyment in some of the Bri-
£25 n week. And this was only
tish Cotton towns was reduced one of the wage disputes that British bodevilling the this month and that Lancashire were
was "picking up very well." molar indu iry last week.
Mr Norman Taylor a director of the 126-year old company of Baxter. Woodhouse and Taylor, with headquarters at Poynton, 360| Cheshire, said in a letter:
1 was speaking on bill- The motor industry is highly which was passed unopposed___ SMALL LABEL
geared to mass production so outhorizing the government's 30 that when a few key workers "Thy
British Isles at 110
million five-year plan to moder- down tools, work has to stop moment are being flooded with
nise the industry by cutting out in shops that are not immedi- goods marked '100 per
excess capacity und puiting new
A ately affected. cent Brilish-Made. This state equipament the remaining seriour example of creeping ment can misleading and mills.
bu
sloppuge however is the current printing strike.
4415
20
알리
472
2497
cotien
often in effect means not "spun. nol woven nod sometimes not nished in Britain but 'Madc Hongkong by Chinese
Big workers
JA
Curiomers were told that in 14214 | future kouds supplied by The
וטן!
11412
Juhn-Manville Co
19
Kelser Industry
10
Koruna C. Power & Ligu
4534
Kennecpt Copper.
108
Kimberly Clark
043
Legasit Mayers Tub. Co.
Lily Tulip
Litton Ind.
Lockheed Aurorata an
501
KUW
Lhews Incep.
301
Lone Star Cement Co.
Lowensten & Revs.
Menali Jay
443
McDonnell Airerat Mezzi Iren Corp.
Mineots Mining
Mon Development Manranio Chemies Co
Afontanery Ward
Motorola Ina.
Nations Blacuit Cu National Cash Iteg. "A
Notleuzi. Dairy Prod.
National Lead
National Steel Corp.
New York Central
Notrude Minas Lid.
Norfolk & Wratein. By
North Amer. Avialien
Northwest Airliner (Cin
On Multileson
Oits Elevators ... Owen-linois Olak
Co.
Oxford PPF & Elec. ....
Facilic
Pan Amerion. Alrways
Paramogai Pirtures
· Pathe Havie: 05.
Penty JC Co.
Tenn. Frit Co...
Procter & Gamble Co.
Philip Morris
Pitney Bowes
Plush Plate Claus
Pabllcker. Industries
Pare DI!
Radio Crporation
Radio Corp, Prét,
Raytheon
·Republie leel
Reynolds Metal
Royal Bank of Canada Esire, Robuck & Co.
מן
Sir David Eccles sald the fact that the cotton trade was improving would make it quite a struggle to get enough
firms to agree to go out of the in- dustry.
The Government would do firm would enrry a small lobe! | its best to bring some of the reauing "spun, woven and rearganisation. schemes before parliament shortly before the Muanwhile Sir David Eccles, | middle of July, he added. President of the British Board Reuter.
datshed in Great Britain."
Yesterday's Closing
far more
Business was done in the local officiat exchange, market this morning at the following rates:
S. dollar per 311...... Sterling notes (per 21} Australian meiça (per CN Indonesian rupiah (per 100) Slam ticals (per 100)
Singapore (Straits)
200 26.70
044 25.80
116 28,75
2004 20.10
GOO 20.0
metres
The engines for these sub- marines will be built by and associates. The companies Involved Are
Vickers Rolls-Royce,
and Foster Wheeler. ----
Britain is expected to make
a
on
non-
About 350 aircraft took part ranging in size from Belgian's Fairey Tips Nipper, with n wing span of five metres to the huge decision about the develop- United States Air Force trans-ment of British nuclear reactors port, the Douglas Caroomaster for merchant ships this year.
But which
the decision casures $4
mitory atom-ship design is not Itom wingtip to wingtip.
expected to be Analised some months,
Dides the eight British nuclear powered submarines to The
be completed by 1900, at a cost show was ก public
of approximately £120 million repeat of the display staged for
for
and the nuclear an invited audience and most wictory equipment, at least
engines
of the same aircraft took part.
for
two large military surface ships
Sixteen Hawker Hunters from will also be built during this the Royal Air Forces No. 111 period.
quadron were among the most
INDUSTRIALS Coment
600 20.0)
341 242
500 4 31,73 1000 à 347
100
34 25 !
1000
34.75
10.10 16.20 13.30 14.20 11.09
500 10.20
300
17.70
1100
13.20
displays
300
17,43
Kwong B. H. COTTONS Textile
144
20 145
5.35
5.03
applauded of the jet fighter SIX A-STATIONS
5000 € 315 against
1.30
They competed for favour the four-man United $.43 States Air Force "Skyblazer 3.53 Acrobatic
flying F-100 2000 5.50 Supersaures and a group of 300 8.70 French airmen flying 12 Mystere
IV fighters,
5900 T
20000
10930
Nanyant
Im
MISCELLANEOUS
..23.20
10.30
Ch. Ent, Vibro
5.75 18.03 12,50 Tot. Invest.
3.16 Allied
INVESTMENTS
26.59 HK & FE ̈
1.81
Invest XD 10,00
2030 231
HARRODS CONTINUE TO ATTRACT
London, June 23.
A satisfactory tone was maintained in stock mar- kets today although interest was selective rather than general and price movements were somewhat mixed.
Harrods continued to attract cannot very large business following The board's statement, Hours and pay and if the
carly the strike goes on.- as it seems shures reached 125s
Here a vast industry is at a virtual standstill because work- ers and management agree
in
it will-i could affect dally dealings to cluse: ds up at 122s Other stores were mostly lives of everyone in the country. 19d.
With the possible exception of lower although Army and Navy Transport no other industry is so were a good feature. important to the smooth working
COMMODITY PRICES
SUGAR
NEW YORK
All prices in cents per lb
Contract No. 4 (world)
July: 2.74 Sept: 28: Oet: 2.03; Jan: 3.05: Mar: 2.50; May: 2; July: 3.04: Sept: 3.00; Spat-(1.0.b. Cuba): 11212.00
Open eyes! 7.506 contracted Contract No. 6 (domtalie) Seut: 53: Nov: 5.00: Mar: 5.60; Bant ICA. N.Y. ex-duty); 5.00.
Open Interest: 3,117 contracts. UPI.
METALS
NEW YORK
Closing prices, all in
95% per b.:
4444 Lead July
391-
Sept.
3106 Zinc July
TON
Scol
B1 Coppor July
ר
Tin
9
Bept, Ju Bepl
4014
LONDON
th
COTTON
NEW YORK-
All prices in cents per lb.
Spot: 24.00 'nom July 34.04; Oct: 3227, Doc: 31.44; Mar: 32.76: Muy: 32.03 July: 32.43 Oct 30.40: Dec: 30.10.
NEW ORLEANS
All-pricomin oenis per iha Spol: 33.00 July: 34.80; Oct: 3437: Dec: 32.44: Mar: 3274: Atay: 32.00; July: 314: Oct: 30.40; Dec: 30.38.
LIVERPOOL
All pres pence per lb.
American, Contract July/Aug: 73.20 Oct/Nov: 2150; Dec/Jan: 2135: Mar/April: 21.10; May/June: 31.95.
Mixed Contract,
July/nug: 23.10; Oct/Nay: Dec/Jan: 21.50; Mar/April 21.18 May/June: 21.49.
SAO PAULO
prices in cruzeiro, per
Det: 60.50; Deet 01.00.
cents
AL
11,50b
kilo,
11.00
10.040
10.16
20.000
20.865
103.700 102.
0114 Closing prices, all in glerling per long ton, unofficial after- noon ression:
FOLL
2016
at Tin mout
mt | Copper spot
EDIL
3-month
-month
199) | Lead lat, held Jone 7314
Bout.
10072 Zina Lot hair Türk (1
#215
Biger Beth
700
Average price in US at
14
designated spot markets: 34.47 conta. Total sales; 0,700 bales. - UPI.
Mar
SINGAPORE
32,50
Mixed Display
Д
Od
Milueellaneo
Britiah
Oxygen Ltd, Ord-331
Canadian Pacifle Miy-$51.
Rubber Co-10- Hungkung & China Comics. Imperial Chemical-331 Lyons & Co-11s Dd. Unilever Mid—_004.
Taper Bowaler Paper
70.
Corp ar3-311
Radio and Electrical Associated Electrical-50; dal Electrical & Musicut-$26.
English Electric41 3 General Elecisi...314 6d,
Shipping
Indo-China Steam Nav. Co. det on 2 ed.
PO Steam Navigation deford
Industrials generally_gave -mixed display. Brewerles mostly lost further ground excipi Courage and Charring-
- Motor tons which were firm.. and engineering, shares
often
eased but Standards were aa Brm spot. Property, electrical and building shares were mixed.
Gilt-edged continuod their advance lo.close with gains extending to %. Greeks eased bonds, but Chinese issues were firm. Dollar stocks were mixed. Banks and in- surances dull.
All prices in Straits cents per et foreign 1. fo.b. Malayan ports;
No. 1 July
0472-95
Aurt
No, 2 July
8314-931
No, J
No. 4
021-ski
Spot rubber unbaled
nilinket crepa
uity-03
041-0012
16-09
LONDON
No. 1 pale crepe
Gold shares opened firma but turned irregular. Other mining reclicns were neglected.
Oll
also eased,
Rubbers
All prices in ponce per lb.: strty tenay-UPI. No. 1 ss spot
Settlement house term: [July/Sept.
OctDrc.
| Jan/Mar.
Apri/Juge
2734-28
273 274 2772-281 General markets, e.l.f. baste, porta? July
271-ZA 2742-34 Estate crape in July
Sept.
thick July... AMSTERDAM
All prices unchanged.—-UPI,
TOREIGN EXCHANGE
NEW YORK Closing rates:
Canada Denmark Norway Argenting
תין
ཎྞམ-ཝཱ
LONDON Closing rates.
RUBBER
NEW YORK
Rox rubber futures closing Amrlendam prices, all in conta per lb.:
July
Hept.
story,
New York
Montresl
Copenhage Lieben
Stockholm
1.0% 0/10
1455
.1407
0120
Closing Prices
Gledged Bonda
£24-7/16.
Loan 314. COT
Funding Loan YA.
British Transport 1074/00- £53.
Consala 25%-—£62!4. Console £75 Conversion
Funding Block
#72-15/10,
Funding
Lon
£00-13/18,
1900
1039/09-
34% 1900/200%----
1950/90
Sayings 3% 1955/05-ROSAL. Savings 32, 1900/70-2524, Savings 3%. 100/70-13/10,
Danks
· Barclay's. Bank "A" Ltd ord-508. Chartered Bank, Hongkong-263
Insurance
Union Insurance Cantonw=24-7/18,
Alrerit, and Motors
Drillch Motor Corp. Ord-13 96. Ford Motor Condón #ya.
ILOWATING
lation Co- 31.
Building-and ·MAKETIETO
Autoclated
:0312
CHA
'10.00fi-19.6i
90.10-8033 Dar-14.53 ---BPI.
Portland Cement-dis
Leam
The Soviet Union's Tupolev 104 jet airliner was among the top civil aircraft flying in the
The authorisation for Rolls- Royce to bulid additional plant for the construction of a purli- fuct cular type of nuclear element for atomic. submarines
Elgniilcont In quantities involved will repre- sent the equivalent of fuel for at least six 500-mw. nuclear. power stations.
that
the
The plant will cost, at least an extra £i million and will be
show. It went through its paces able to handle in the future along with Britain's De Havil- civil commitments for enriched land Comet IV and Bristol Bri- uranium fuel for nuclear power as well on fuci for tannia and France's Caravelle stations
nuclear submarines and other Jetliner.
ships.
The Russian giant, the TU- 114, stood on the tarmac and thousands of visitors entered it. But I did not fly.
Nuclear power units for ships at present cost more to install than conventional power units. and nearly twice ne much to run, but "costs will come down," Among highlights of the flying according to Mr V. V. Mason. display was the US Air Force's manager of Atomic Energy simultaneous three-plane-in-division of Canadian Westing- night refuelling performance by house.
an air force KB-50 tanker feed- ing an F-100 Voodoo, an F-100 THE COST Supersabre and a B-60 destroyer bornber.Reuter.
Japan To Build Ten
the
The cost of nuclear fuel in most practical reactor 19 roughly $2,500 pay full power steaming day; nuclear generating equipment between 28-7 million and in- stallation $1-3 million.
Cargo Liners For Plateam
FIVE looding
Tokyo,
steam
cosis
"A 20,000 horsepower nuclear generator will weigh iona approximately 2,250 long and cook monte. $7-10 million Installed na against a weight of some 470 tons and a cost of the
Japanese order of 3500,000, for tho
ment," he said.
shipbuilding companies quivalent ecrventional equip havo formally signed con- "But as we discover more and tracts here with the National better ways of cutting corners the capital cos's of Dovelopment Corporation of rafely Universal Stores "A"-the Philippinas ta export ton nuclear plants will come down," he said. "Similarly, the nuclear Marks & Spencer Lid-007 high-speed cargo liners to fuel costs will come down not an-only because of Improved
Great
Blorex
Woolworth F, W. & Comod.
Schweppes Bids
For Chivers
London, June 23.
that country, it was nounced hora recently.
methods of fuel clement fabrication, but also because This marked the end of long we will learn how to get more negotiations for construction of energy out of the same amount
for the Philippines of fuel," who plans to enter the Far East
the vessels
to New York shipping service.
the
The negotiations were protract Large Yards Not Hit The soft-drink firm of Schweppes ed by strong opposition from DVERSE Conditions in
Limited announced last night, the Japanese shipping Arms, as A shipbuilding, industry last that over 5 per cent of tha well as disagreement between year kept the volume of new shareholders of Chivers and the two countries on the defer- chipbuilding orders the low! Gona-jam-makers,-had-accept-red-payments-forms-- ed their take-over bid, made earlier this month,
tens roch
Hlevel,renched-in-1987—buf-the- | directors of · Vickers stale that The Uraga dockyard, one of the general falling-off of orders Schweppes said they had now the five firms, said the ships has been less immediate in the declared their offer uncandi-, would be 11,500 deadweight ease of yards building larger tional, subject only to the
maximum ships, ne three of the company, i with # посемагу stock exchange spred of 20.85 knola, costing At the year-end 20 ships werd
permission to
on order at the yard; of Vickers- U.S.$3,600,000 a ship. granted.-China
|Armstrong (thipbuilders), com- prising on drcraft carrier, two passenger Linots, ivo sub- marines, two destroyers, four and five
quotation and deal
being Mail Spoolai,
Textos
Coats J&P Ltd 20 d.
· Courauide Lid=358 6d.
Anglo-American Africa-1919 104.
Corp
PAYMENT
The first 7.5 per cent of the frigates, 10 tankers payment will be made in cash cargo liners. within three weeks after the
of South signing, the second 7.6 per cent Orders Are Scarce
Cons Gattinetta of South Africa
71# 1011⁄2d.
Cons
Zine Corp. Orl-633 6. De Beers dof-Idos T
· Free State Development & Invest- menila 34.
Hongkong Tin-49 105%EL
Petaling Tin 09,
Rand-pd. cor.
Boulbers Kicka Cons Ltd-23:
Union Corp Đổi
WER
Finchin Johnson Associates Ord 13% od Driefontein
22 1154.
Coal, Staci and Engleurlux
Flabbock 4. Wilcox Lid-4m 80.
Vizkera 1ād-SIL
Prilia
Tr
Food and Tobacco "
American Tol. Co., Ltd
LAJ1 10164...........
Tabacco Co...
LAS-STA
will be in the form of a lotter
of credit on delivery, and the
The cutlook for shipbuilding
remaining 55 per cent will beRDERS are very scarce and lu deferred payment over soven not good, mys Mr. C
years, the company, sald,
·
| Mather. "chairman of Carmel Laind de Co....... The stipbuilding The Uraga Company added it absidiary has sufficient orders took six, ships, Mitsuiblahi group got three, and the Kure Ship
Goldraining-building Company had one.
West Rand Cons .
Brilleh Borneo Petroleum Byndi. |cate=630 151O..
Belum Petroleum Co., L:d-dos ap,
Burma-000
Loyal Dutch Petroleum-gIATĮ. "BUTYROFOrt a Trading-133;
to keep ront coctions twy, fox come time but he adds that long-term pivspocta inuxi depend Ion The receipt or further orders. The Philippinty Corporation Mr Mather says that is also signing another cob immediatu grospects in the athel tract with the Hitachi Ship-lochantry, says not much brighter building and Engineering, Com-although thứce has bear a slight pany for two similar freighters. Improvement in orders in regent
Reuter.