Page

THE CHINA MAIL, TUESDAY, AUGUST 11, 1959.

POSITION OF U.S. DOLLAR

LONDON MORE SELECTIVE

Stocks

London, Aug. 10. continued their up- ward trend today al- though the pace slowed: down comparing with last! week's widespread ad- vance and buying became more selective,

were

Government bands neufected and sightly ender

The Influence wider

uf the government's leuc plans, Creek Issues were firs k1 11 quiet

Insurance and foreign market. banking shores advanced Ürregu- Jarly.

showed

gains

Industrials with blue chips leading the way. Steels were erratic although en- gineering, radly and electrical chores often moved higher. Shipping shores, tobacco and breweries al were firs motor andt Coppers, alls

moved up.

Gall shares

נוניוf

with stores Irregular, and robbers all

were selectively Dimmonds improved and

base metals shuwed волю interest.-UPI.

T

Closing Prices

fifitenged on

Try

Como 216 - - £5.

£74.5/10 50wn

14.T

Convention

2007.

Funding

3, 1078/HA

A

W

1939

1930 09

Funding Stork 399. 19/2004 siz..

Funding Lugn 4. 1969/70 £93-17716

Savings 355 65-£-4/16 Savings

3

Savings 215/75-£78-28.

Banky

Barclay's Berk "A" Ltd -37%

Cartered Bank-M 13.

Hongkong EGAN.

Fruscia

A3-1322.

Insterative

Aircraft and Motors Britta

Corp. Mestion 10 .ti.

Ford Motor Coat 10.

Breweries Ditiers 274 710

23+

C'entrar-

Difficulties Must Be Met With

Policy Changes

London, Aug. 10.

The difficulties of the dollar and of the U.S. giltedged market scom essentially technical: if and when they are tacklod realistically,

HONGKONG

STOCK EXCHANGE

Correspo

Business done on the Hong-

the kon Stuck Exchange this

amounted to approx-

U.S. gold stock and the U.S. long-ly $420,080: Nven queta- torm creditor position are immensely

strong.

Any non-Communit any- where in the world who desires the door to succumb to these dimoulies should have his head

that # downfall examined: currency would be a worldwitle disaater, and could lead to little short of a downfall of Western civilisation.

some

The real prospect is that es) happened in Britain in 1055-57. bt: the deities will have to tackled by

Internal C- trenchment, to correct the over. valuation of the dollar at home and abroad by putting more value back into it at home and A abroad.

External

Courses

for wad

Cut In U.S.

Steel Price

Suggested

Democratic

tions nad the actions,

log's trans-

Share Muyor Belters GOVT. LOANS

aly

Haley

...

ot

S

FO

18

Peter 143

CANRH

FC Bank.

INSURANCES

Unices

1.barel

KHIFFING Watertron

Wherlock

DOLKS, ETC.

Profit-Taking Causes Sharp

ANSPORTATION

THEY CALL THEM "HYPERSONIC"

Decline In N.Y. THESE ARE THE

Now York, Aug. 10.

Profit-taking on a big scale gave the stock market its sharpest loss since September 26, 1955, a doclino which slashed some $7 billion from the value of all listed shares.

The selling came on sharply roused activity which put re- Ixting tickero behind floor

several

Un4:3

and 10,000

Jok att transactions

during the day.

of 5,000 Blocks shares were commonplace and turnover for the session totalled 4,100,000 shares, compared with the 2,580,000 on Friday, and

kaviest volume turnover since last May 7.

EX

40

0.30

21.30

Dock. 471

Froviders

TAIK

LAND, ETC.

44

1330

12.4534

Ik tel. 28.50 28.40

to r

Washington, Aug. 10. prominent Congressman has urged Trust President Eisenhower sock a $10 per ton cut in the price of steel towards helping to solve the US. Ligh! steel strike.

100 p

#1.40

the

The electronics, among hardest hit in the rellot, made one of the strongest recoveries. Same of the chenkuls al came back sarily from the lows.

Finding Lovel

American Tel & Tel American Tub. "D" Anacauda. Copper Arnice Bite! Annout

Atlas Core Mag Biwinia-)tam,

Baltimore & Ohio Bank of Montreal Beneficial Finance Bendix Aviation Corp. Benguet Cons.

Beelie Steel Bosing Alrulone Borden 1110) Co.

Burroughs Add Macino British Amer. O British Columbia Per Cant. Packing Corp. Cana, Dk. of Conun Cana. lirework Compbest Soup Ca. Canndins Pacille It Lane J. t. Co Cnt Tractor

Traders and Giomed the wenkelinci Corp

following

ness on profit-inking the market's recent surge to new all-time highs. They sold the ncorrectlon was necessary

The Land Best

20%

(pre 16 0

Realty, Xi RUBBER

1.4.7

1.51

Amalt...

2.04 2375

7.6

310

...

23.04

ar Ferry

13

139

Viama i

12 114 fog a

10.30 13

Fiets

200

1500

con.. 1273-2017

500

JER 400

18.

10.40

2921

Matan

10 *Telepathet 28.50 261.00

17.29 17.30

X

2152

17.36

Ansi

predicted that the market would Fe-ume its advance once the sell-

my was out of the way.

Brokers commented, howover,

ars 29 10 at most of the large offerings were well taken, indicating that There is underlying dematic

The main reason for thinking so is that, of the two external alternative courses, inohey policy seems Inadequate while external: retrenchment and Hilberatiam would make matters Worac,

The Congrestian. Mr Charter I seems to be taken

Bowles of Connecticut, relased granted, both in the U.S. abroad, that if pressure in the the text of letter sent to the

President in which he madeUSTRIALS dollar and the US gold stothis suggestion.

Cement STORES, ETC intensifted it cold and would be

Dairy Wasin... ape, Craw

XD.... jes 18 10 3200 Kwong COTTONS Textiles.. Nanyang MISCELLANEOUS

1330) 13 INVESTMENTS

.... 11

The recommendation follows #statement by Mr ROZET 1.

welded by panteclionism and external eratis, ne Ihat there devices would help the Blough, Chairman of US Steel dollar and prejudice other ear-Corporation, on July 29 when rencies in the short run, what-

the n he promised to hold

ever they might do in the long, on steel prices if a voluntary In fact, they would be ruinous settlement could be reuchel from the start, and all the in- |with the United Steelworker

In Washington Union. structed people

the striking hibour seem to know it. As the prob- tem does not live abroad, il can- not be tackled abroad.

group.

PRODUCTION COSTS

On lie asme compilation basis as Britain's or any other majo

balance country's current

Mr A. B. Homer, President of payments-namely, charging the Bethlehem Steel, niso advocated nett versens kokl-the-line approach to slavl Did 1 guvernment's

spending as a debil to invisibles prices for the present but inti the US. current balance of insted that prices might even payments, even after crediting tually be reduced if the stoel the huge income

$3 companies couki reach agreement billion a year) on the $60 billion with the steelworkers in work-

Building and Materials Amarited Pullard Cement-70r The Johnson Associates On-

Chal, Steel and Engineering Babeck & Wilens 150-53 - Vickers tad - im.

Food and Tobarro Bith American Tak

54 d.

Fl

101

perial Toberco

Car

Mirritancova

Boardin Merlen

Ital

Ltd 375

1. 3.

Dr-2. Ourgen 19

peiske Rly—352'6 · Dunlop Bubble from 200

Hongong & China Qax- 1.

Imperial Chemical-Mad.

24 & 40% 1914.

Unglever Lid--107 10

Paper

(nearly

of official and private external ing practices that could cut the Investment, went out of surplus costs of production. as long ago as the end of 1057 and is now in heavy deficit.

Deficit

In addition, there is the large deficit on official and private capital account.

1)

With the U.S. Treasury con- senting to pay almost 44 per cent for one-year money al time when all the changes in Euro,wan Bank rates this year have been downward, the two delieits are being gamely

(Both executives' slatœnents were made following disclosure of record-breaking proßts by the companies this year.)

Mr Homer drelared that on

Allied H.K. & F..

Invest 11.

140

0.56 20:0 24

6.

10.00

4.70

U.S. Cotton

Estimate

e market at predetermined price levels.

Prices generally steated some- what above the lows in the late dealings.

Among the

were:

heavlest losers

Punt,

In the elemicals-Du

10.40 of 11, Allied Chemical, down

6 at the low;

Eléctrantes Texas Instru- ments, of 11% at its low, In- Business Machines ternational

Washington, Aug 10, The Agriculture Department estimated the 1950 cotton crop

today at 14,015,000 hales, up 29 per cent from last year's harvest,

The first cotton production estimate of the year compares with 11,512.000 bales last year and the 10-year average 14,040,000 bales-UP!.

down 9, Zenith of 7% at the bottom;

Chase Manat Bank

Chrysler Molars.

NEW AIRLINERS OF THE FUTURE

By JACK PERCIVAL

TIVEN as a subsonic jet-airliner was flying 80 E

passengers across the Pacific last week at 550 m.p.h., world operators were being told that the 52 type is already out-of-date,

By

02

Representatives

were

several The project is one of the secret manufacturers overseas

contenders for the airliner with 439 | givingt detalls of plans to bulld 1,2 times the speed of sound and planes with a speed ** more 1.500 miles range recently re- than 2,000 m...

wommended by the Juint Indus-

21%

1022

027,

6312

Chtell Ponbody

50

Colgate Palmolive Co

Colombian Carbon Cu

402

Comingretal Credit

#

Consolidated Edison

L'ontinental Oil of Del,

Crane C

Crown Zellerbach Cuban Amet. Sugar Bamond Alka

Diamond Gard Dominion Blares Dougies MITIRIL

Dow Chemicals

Dupont de Nemours Eastern Airline

El Pa National Gas Familly Nance Corp, Finestone Tyre & Rubber FLIEL NAL. Chy Bank... Ford Motor Co. of Cana. Ford Motor

Fasiraan Kodak

General antes

Georgia Pacifie

General Beetle

General Motors

General Foods

Gen. Pab. Util. Gen. Tyre & Rubber Celty On

Glen Co.

Drugs-American Home Pro-Goodyear Tyre......

ducts down

12 at its worst,

| Warner Lambert down nearly

5, Vicks off 3:

Steel-Youngstown Sheet Tube down 41⁄2, US Steel off more than 3;

Motals-Alcoa oft more than 4, International Nickel down 3.

Today's volume was 4,100,000 Ichores.

Closing Prices

Imperial O

Ingersoll-Rand

{ intereneinical Corp.

Tot Business Machines

Int Harvmater

International Nicket

International Paper

Int'l Tol Tel

# 373 | Jolpa-Manylile Co.

Leaders in the British alrerafty and airlines committee.

This committer also urged the Industry manufacturing

We building of a 1,200 m.ph. long- urging the Government to back

range airliner that would bring hypersonic airliner programme New York and London to within costing £250 million.

two wird half hours of each other In the 1970s.

Briti critics belleve that the son and 1.200 m.pl plans ure not botat enough.

(That word "hypersonic" as a very special menning for air craft designers. It's a lot more

amphatic than "supersonic," for thr it means not merely above speed of sound but two or more

imes the speed of sound.)

in America one company has built a full-scale mock-up of a plane capable of flying from Sydney to San Francisco in nhout four hours,

304

AST

• By 1965?

4012

701

They contend that Britain should go all out for an air- craft to reach three times the speed of sound, 2,000 m.p.k.~~ the A250 million project.

In Amerien, Lockheed experts told me that's profitable, 2,200 .p.h. transport could be built and be Bying as early as 1903.

Mr R. A. Bailey, elitel engineer divin of Lockheed's California rion, said: "After a great deal wind

The enormous speed of air of study, analysis and 641x ner development in this super-tunnel and laboratory testing.

13702

unic age, in which planes are we believe that such an aircraft hardly in service before are absolete, is emphasised by

they is imminently feasible,"

He said it would operate from

aviation history in the compara-existing airports,

21stively recent past.

Thirty-one years ago I took

Kingsford Smith, Ulm, Warner and Lyon more than 83 hours to

• Obsolete

The possengers would be pro

hours and which within a few teeted against the heat barrier

years, apparently, will be flown with intra-wall in four hours,

Designers and engineers who are planning the hypersonic air- Uners (estimated to cost £12 ilition cheh) have told airlines That the first of this type can be 102Дying by 1005.

ME:

21

47

Goodrich (B. F.) Co.

Grunimine Aircraft

Gulf 0............

113

Hammond Organ

Heyden Newport Corp.

20%

Hainestake Mining Co

41%

Husson Hentzia.

2113

fly the route which the Qantas

Hubs Power

Boeings are now lying in 15

4210

inland Sleet Ca

30

4001

521

1021

1278

ATE:

Kairer Industry

393%

KAD C. Power & Light

40%

1:23

Kennecoil Copper

Ae Mine.

20

Kberly Clark

OBA

Allis Chalmers

Am. Brake Shoo

05

304

Liggett Meyer Tab, Ca.

BOL

Americon Airing

203

Lily Trasp

5421

American Cable & Radia

tion trd.

201

Lockheed Aircraft

277%

DY

Corp.

Loews Incerp...

33-6/1

Joen!

American Cyanamid Co.

02

Lone Star Cement Co.

317

ናነነ “

Ainer, & Forgn. Power

14

A. Gas & Electrie

40% McDermott J. Hay

Lowenstein & Sons,

4

10

5.74

Am., Home Prod....

170

McDonnell Alteraft

34

(1).... Australian notes (per EI Inderesian rupiah iper 10) Siom tieals per tr Shgapore Strait)

19.27

Am Mach. & dry.

911 Rinzahl on Carp.

34

12.03.

25

ว.แร

26

Minnesota Mi

ision Development

24.37

43

Monsanto Chemical Co,

29

Montgomery Ward

Motorals Inc.

Nailonal scit Co

Bis

National Cash Reg. "A"

P

Wallons Dairy Prod.

5210

National Lead

125

27

eventual reduction in the price Exchange Rates

of steel would be desirable to ward

competition

from foreign produced

and steel

15; laes was done in the

uxelinge domestically

subunitat - produced

marning at the following rates" such stituie materials

US dollar (per 31) Sterling watej aluminium and reinforced con- coin- erele, #s well as fight the batted by classical money policy, nation's Inflationary It does a great deal of good, † Chino Mall Special.

Bowater Pare Corp Ort-5 4s it never fails to do wherever

410.

Nadie and Ebertteat

Aerialed Electrical 43 34 rur Firetrical&seat. 314 kl. Fish Electric Po t General Elven

it is applied: its application al- ways brings a storm of criticism that it is Dulinoded and CB- workable-auri yet always loes work. In this case it has brought major relief to tie Shipping

short-term capital position (by Dana "Sizura Nav.

reversing the allun of U.S. $28 31.

At- short-term capital and by Steam Navigation def ord

foreign trueling some

Infinity too) and some relief in the long- ferm enpital position.

-.

Bu def

Marks & Sperer Lid-300 42,

Stores

Great Universal 10.

Store "A"-334

Woolworths

F. W. & C-34

1.

Texilies

Coats J&P LA-2013 Courtage 1.34-404 10

Influence

337048890

As is so patent an, influence

Moacy an international ments, and as the dollie's inter- antional defences of gold stock and externnt investment are sa

Anglo-Americus Corp of Stuth enormously drong.

Africa-200

4

spiral.

Yesterday's Closing

of

Ababi Pwr. & Paper Aiden Inc. Aey. Algoma Steel Corp. Allied Chemicala

Metal

mural Ga

Am.

American Srnoiling 1.03 Ars. Bugar Ret.

COMMODITY PRICES

SUGAR

NEW YORK

Closing prices ail in cents per

just

16.:

possible that the external work- Buy Goldfelds of South Afelching of so vigorous a money polley

33% 36.

Cat. Zine

Ord--60 Bd. Uc Bees def--170. 10.

Development & Invert-

2.

Finngkong Tin-4 d. Petailing Tin--6 W. Itand-Ita 190. Southern Fallo 101.

Valon Corp-731,

Wext

lens 51.

Driefontein

will suflee. It deserves (o, since His being applied courageously, Unfortunately, the current ne

than count deteriorales faster

cart im- the capital account

Cons 14d-23 prove.

Guldwining-

West and Cuns- 31.

Between the third quarter of last year and the first quarter of this year the nett outflow U.S. private and genulue Gov- from ernment_capital plunged

Brillah Barnes Petroleum Synt. $775 million to $287 million.

rate -54% 30.

Britism Petroleum

41 ft-

urmate 40 10 d.

GB/32

Itoval

Dutch

She Transport

Dd.-Reuter.

In the face of that extra- the Co., Ltd-601 ordinary achievement uf

classical Federal Reserve's Petroleumn-oney policy, the overall deficit in the US. balance of payments (seasonally adjusted) rose from $909 million to $1,092 million because the current deflelt soar

to $805 million.

Trading-149%

Singapore Rubbered from $134 million

Market

Singapore, Aug. 10.

In overseas Despite advance

was marked prices the market down at the opening and eased father on heavy prait-taking and reserve buyers.

showed Malaya Imports to

of eleven thousand decrease tons for July but this only

It may have been the U.S. capital exports that mitigated

Contract No. 4 (world)

Spot: 2.07-581 Oct: 2.11-12; Jon: 2.39 Mar: 2.14: May: 2.83: July:

2. Bept: 2.92: Oct: 2.93; Su- (fo. Cuba): 2.05.

Total Enlas: 468 contracts. Open Interest: 0.109 contracts. Contract No. 6 (domestlo) Sept: 0.00; Nov: 3.891. Mar: 5.30: Spot (CL NY. ex-duty): 5.82.

Total Sales: 3 contracts,

Open interest: 3.219 contracts— uvi.

RUBBER

AMSTERDAM

Closing prices all in guilders

per kilograin, est. Capt.

No. 1 ru@Z

No. 2 ber

No. 3 rubber

No.

CTCIA

23 buyers

2.00 SYRI 204 20 1.77 buyers -UPI.

COTTON

NEW YORK Closing pricea

per ib.:

Spot

Oc

Dec.

March

May

METALS

NEW YORK Closing prices, all per lb.:

f.vad Sept.

Oct. Złoc Sept.

Dei.

Copper Bept.

LONDON

National Bier Corp.

New York Central Noranda Mines Ltd Norfolk & Western Ry North Amer. Aviation

Northwest Airlines (Cum.) Om Mathieman

Ota Llevators.....

Owen-Mivats filass Oxford Paper Co. Pacific Gas & Elec. Pan American Airway® Paramount Pictures Pake. Davis Co. Penny J. C. Co.

Pent, Salt Co

Philip Movel

Pitney Bowes

Procter & Gamble Co.

in centy ttburgh Plate Class

Publiekre Industries

Pure O

Republie Sizel.

11.00

Radio Corporation

3.00

11.22

Badle Co. Pref, Raytheon

1:33

30.43

30.40-41

101.70 101.75

Reynolds Metzi

Floyal Bank of Canada

Bean. Hordock & Co.

Bhell Oil Co...

| Haleway Siren

Bekal Reg. Paper

Closing prices, all in sterling Bentley Inc.

Butt Funer

Bindoir Oil

Buyers Sellers Binh, Clive & French

70339

Eoceny Mobil 011

Solar Aircraft.....

721 Bouth Puerto Rico Sugar Saythem Co. The 2303 Louthern National Gar 2341 Houthern Railway (C)

719 Blandand rad

7245 Btandard Ol of Cal.

Oct.

Tin

Bept.

. Oct.

all in

cents

53.20

per long ton:

17

Sanu

Tim

22.54

Spot

203

32.00

July

Oct

Duc

33.28

30.

3-month

..........

70015

Copper

Spol.

NEW OBLEANS Closing prices

Jetronih

DA 25414

Lead ist halt Aug,

all in

cen's

per ib.:

Nov... zine ist half Aug...

720

14

Nov.

Sout

31.50

+DEL

52.17

-UFI.

DIC.

32.10

May

Murch July

22.03

32.07

Oct.

50.20

Dec.

ali in peace

per lb

1065-100% 104-1544

1.50

3041-15312 1945-20435

Dea/lan.

21.03

-March/April

21.20

May/June

212

10031-100

July/Aug.

21.10

Mixed Contract

21.00

all in Straits fo.b. Malaya,

NEW YORK Rex rubber futures closing prices, all in 'cents per lb.:

Sent: 31.80: Nov: 35.8 Jan: 35.95: March 28,80: May: 34.00; July! 34.60; Sept: 4.40.

SINGAPORE Closing prices the strength of the dollar in cents per lb. 1951-57. It is not the capital ports: exports that are weakening No. 1 Aug. No. 2 Aug. now: their trend is almost tho No Sept.

No. 4 Au only thing that has been helping & E . The culprit is to be found Spot rubber unbated

Blanket grepa

112-114 among the factors which have No: 1 pale crepe

LONDON

all in weakened the dollar's competi-

Closing prices tive position and caused not only the plump In US exports per ib.:

I.

caused slight rully which met but also what the compilers of No. 1 liss spot ...........

Settlement house temu: further heavy scling.

the US. bulance of payments Oct/Dec. Market slipped one cent dur- call the "acute" rise in imporis Jon/March

ring April/<nu ing afternoon with operators from Western Europe, a

July/Au very nervous and disinclined to which they ascribe 16 "an in-

Oct./Deo, provement in the capacity of im- support

It closed at lowest level after ported products to meet dome- Aug.

Det on the day|B|C domand."-China. Special.

three cent 1093

UPI.

pance

General marketa, c.l.f. bralk, poti

Mall alc

crepo

thin Aug. inter Aun

1

LIVERPOOL Closing pricva

• American Contract

July/Aug

Oct/Nov.

July/Aug.

Det/Nov

Dec/Jan March/April

May/June

July/Aug

SAO. PAULO

Closing prices all in aruzeiro

per follo-rich am peck

Averse price. in U.S. at 14 designated spot markets; not available.

Total sales: 8,700 bales

FOREIGN EXCHANGE

NEW YORK * Closing rates:

Canada

England official

3-days DO-days

New Zealand

| Bäutti ́Africa

Denmark

Holland Switzerland

LONDON

Closing rates; New York

Montreal Amsterdam Copenhagen

Milan Vin

| Zurichi

UPL

1.0415

Standard O11 of Ind.

Blendard Oil of N.J. Sleep Rock

air circulation

and a partition of glass fibre.

When Qantas and other lines bought at arliners some

nlr-

parts believed the now planes would have a life of up to 12

years.

If the hypersonic eirliners six come on to the market in

tosley's yours,

subsonic jol- nirliners will be in the present portion of plston-engined alt- liners,

In Britain and Amerien cently I talked with some of the men who Bre planning to- morrow's airliners with speeds of up to 5,200 m,p.h.

Dr R. Jamison, assistant chief Now whole flats of piston- and head of Bristol engined planes like Super Can- Siddeley Engines' ramjot depart-steliniune and DC-6s have been ment, said a project aludy has tuown on to the second-hand been nande to get the "feel" for market, and big planes like a long-range transport capable DC-75 are being converted into of Teaching any part of

engineer

the

world in one hop and at reason-

able uperating cost.

Estimates of flight tunes

over great cirele routes from

London

showed that Van-

speed freighters.

Belgian Shipyard

couver could be reached in 75 Loses Contract

minutes, Capetown and Tokyo

In 90 minutes and Sydney In

120 minutes,

A

BELGIAN shipyard has leat

a valuable three months' Mach 7 (seven taxes the spec) { contruct to carry out conversions

of sound) was a good speed at to the

8,250-ton British cargo which to almm as an initial targel liner Port Montreal-beeruse of in projecting a hypersonic idt- a strike of its employees. In- 443 craft, Dr Jamison said,

stead the work has been trans- 1003

The transport envisaged wouldferred to a British yard, Silley consist of

stages An Cox and Co, of Falmouth, I wo

nir. accelerating and launcher

The Port Montreal, owned by

Lundun, creft (weighing about 240,000lb) | the Port Line, of

"plekaback", una quires extensions In entrying hypersonic Ahmed (weighing rigerated cargo space, and early about 160,00016).

last months it was disclosed that The launcher aircraft, which the job. had been awarded to cuuk! be powered by n turbo Bellard Crichton and

76

447%

hypersonic

at

10- 11 C-

Co,

of

Đôi | ranJet combination engine, Antwerp, now strikebound.

would lake the machine to about Mach 4 30% 90,000 feet and then return to its B1%

54rent airfield.

#51%

Low wing loading and high esis take-off thrust would allow the 371arent machine to

4434

runway.

nice short

Improvement Scheme

£140,000

Improvement scheme for the north side Queen Alexandra Dock, The hypertonie afreruft woult of

additional providing necelerate from lounching speed Cardiff, ** and allude to a cruising speed covered accommodation,“ hard-- 19of ubout Mach 7 at 140,000 feet, standing space and keller treess, 1276fding down at the end of its is to | undertaken by British

cruise to land at its destination. Transport Docks,,

654%

4R

ט!

A light turbojet installation It is proposed to extend "A" 2015 fcould be provided for landing Transit Shed by 170 feet 10% naproach.

give a further 34,000 sq. feet of Designers and technicians al covered accommodation. Im- Armstrong-Whitworth are 3-provements will be mode in the seeing on 000 moh, airliner road and rail necons to the berth with "M" wings. They claim that and hard-sterling space will be the pláne could be ready by the provided for cargo requiring late 1900s if the British Govern- temporary recommidation in the ment agrees.

Bierling Prag Co.

Stockely Van Comp.

Blone & Webstor

19

Studebaker-lockard Corp.

DIS

Sunshine Mining

Bwitt & Ca

4

Texas Co

B4

Taxtron Ine

2014

Thiokul Che

Tide Water As of

Time Inc.

Unlea

D-Cont. WarreFox in

Twentieth Century

Union Pacific tilway

United Frut

201-3/34 United Gas Corp.

U.8. Fail

2.91-1/10 United Air

2011

22016

D

2.01%

UN. Gy

1433

2000

UN. Itübber

US. Einelting

DIM. Bleet

2310

5. Steel 7 PC. P Warner Bros.

3.93-1/16-281-3/14 Waukesha Motor

9.00-3/14-7.09-3/15 WestHigh Air Drake

10117-10.321

10.00-19.37

15.3012-13,78% 104416-377494

12.151327131L.

-UFL

Woating Sietric Wastern Union Tel Co West Ve. Pulp & Paper Winn-Dixie Afarey

Woolworth, (K. W.)

Kently-Lo

-UPI.

Japan,

TEXTILE AGENCIES Financially well situated Norwegian firm with 30 years experience in the trade applies for textile agencies for. Scandinavia. Skandag A/S, Storgt, 7; Oslo, Norway.

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