Page
U.S.
* THE CHINA MAIL, ' WEDNESDAY, SEPTEMBER 2, 1959.
TREASURY BILL RATE
LONDON
CLOSES MIXED
Increase May Affect London Gold Market
HONGKONG
Selling Volume
London Sept. 1.
The stock market closed i
generally mixed today. Despite some profit-taking in In the Industrial 1st gains out- numbered losses. As the realt
of a spate of favourable com- pen newk, atoren were Arent feature, Bagineering. Textile
and
electrical
were al in demand.
By A SPECIAL CORRESPONDENT
-London, Sept. 1. economics you can take nothing for
That is why granted.
economists hedge their statements about with "ifs" and "buts" and "maybes" and
result they a
seem such
much dogs. It would be so
stocks
as
ir-
OIN Bnished narrowly regularly.
Gold stocks Improved on soluctive demand, coppers were
num.
Gill-edged securiting turned
sexs of a furthe caster ou
rise in the U.S. Treasury bill rate,
Greeks rallied in the forelta stocks bond
Dollar minckel, wre mixed-Upl.
Th
Closing Prices
Glede Donds
Tak 3, 1/
Cool 2£% xd. Chuval, 476-7706
Finan Chiversity
3.
3 Sown
£1
Fundin
41
Funding Stock
Pandion
£1-5/16
42.
Savones a 1965/85 - Co
Rayne 30....
SIV.CLE 3., 1998/75
11:279
£70.
Mares Fank "A Ltd - 21.
"Chan Reyest Bank 14
Flungkung
*
Instance
dull
more
impressive if they could say "if 'A' happens then follow."
Ive
But alas this cannot be. The Pansy economist knows to well law easily anstock by making categorical statemente.
n
Illustration
*
Let introducing straight man
הוידיא!
illustrate this by
'B'
elas-ical)
1
STOCK EXCHANGE
Business
done on the long- kong Stock Exchange this morn- ted to approximately 5,000 m quotations
transactiong:
Khurra
BANKS
anch
Buy Sellers
.145 DO
Kalen
& $15
T
4074
IIK Hank..
INSURANCES
Saraibard
must inevitably suPING
Int'l Tin Council Meeting
London, Sept. 1.
Water
- Wheelock
DOCKS, ETC. Buck
Provident.. Tate Blonde
LAND, ETC. HK R
C 1.
Causes Wall
Pago 5
TRANSPORTATION
Street To Drop Freight Rates To
New York, Sept. 1.
The stock market took it on the chin today follow-
ing a further tightening of the money market.
Volume Increased, sharply an Crown Zellerboch
the sell-off which sent some Issues down me than six point in the main Hat. Plus eighs in 4be 1st were few nod far between,
Cuban Amer. &.par Diamond Alkall Sa Gari Daligina Aircraft Dow Chemnteals Dupont de Nemours Pastor Airline Fortum Kolak
American Motors staged a Inte eccovery which enabled the stee t came from
al of more Firestone 1500 tank
than a paint to a gain of around
a point at the close, But it was the exception.
Many issues saw their losses
El Para Natural Gas ¿Farmily Enance Corp.
|_ Hübber Fint Nat..
Ford Atir
Ford Motur
Georgia Pacle
o. of Cann
Gencial Dynginien
General Electrie
40 widen just before the close, General Foods
Youngstown was one of these.
33602430
15
1.41)
SO
45 433.
32
13.30 33
1230 CUT . T
50
400373
Tomar in
La nat
Reilly
153
Annale
3.15
Americans raised | The International Tin Coun-¦ A. Tawah their Treasury Hill rate above.;
1525
General Motory
B01
CO-2
073
Gen. Puh.
1
Six
Cen, Tyre & Rubber
Getty Uit .....
idden Co...
45%
0114x
132
109
It duished off more thun pointa as did Texas Instruments, Declines up to four points were Bcluded many numerous and
Goodrich (33,F) Co. Goodyear Tyre..
the blue chips such n
Du Grumman Alteraft
Cill D Alcoa, Rey-anmond Organ Ton, U.S. Steel,
nolds Metals. Southern Pacifle,Hesten Newport Corp. Owens linols Glass and Coza-Henwatake Maning Co. Cola.
Today's volume was 2,430,000 bou 310 Toorg 3123 shares. 3.30: SAXN123 15000315
Den
14320i
Quaestur and
dogmatic economilat
whom we
shall call Mentor
/NAMA.
$50
quaestor: What would hap pen if the
Trust
the British rate"
cil
opened its regular
Suyala
Mentor: Gold which bren flowing intà Londou would Instrud flow Inlo America,
Has
series of meetings London today.
UTILITIES,
7
292024401
Quaestor: Why?
The male item on the agenda aght as the Oxing of the export quota
Yout
14
340 E
15
1790 18.10
1000
statistical
Electric
20 20
500 6
29
1
F!
50
TimTE SEONATA
Canton -- ETA A Alterat Bestech Motor Cep. And 1963
11.
Ford Magor (38
Brewerin
Done C 200
Balding and Materials Artcenter) Portland Comment -5),
Angelate to i
Pinehin but on
218 11
Col, Steel and Engineering
Habeck & Wilcox Lig 1
Vicker 3.5 SIN-MY
Food and Tobacco British Ammen Tob Co. 14: 57% d DT teen
MiscellanceUL
1.1 5
Hotdonan Murden 1dd4 TL
OKYBER 1.1. Ord
Built
Canadian Parite Rly $50?, Dulog Ruleber Co 254 A Hongkong & Ginadas Jiertal Genicaľ 424 kl.
77*
Viera Lat -445% 7-d
Paper
Hewater Paper Coip Ori -- 350.
Radio and Electrical Acmelated Electrical-12%.
ertical & Musted 524 d. Enelle Electr - 45. General Electric 3% ed.
Shipping Indo-Chino Sicam Nav. Co. det ord 34, 24.
P&O Steam Navigation def and
Storrs
Stores "A" 4. Great Universal Marks & Spencer 14-18 31 WoolworthL·
Vad.
Textiira Cats J&P Lad a fat. Contacts 1:6 42.
Anglo Ame
ABLE TR [es! atd.
Corp of South
Cradle of South Africa
Zr 1 **Cons
4
Zine ep 10,
the livers def 164 90
Free Slate Development & Invent-
Hoekom Tan- 4* 718 Petatur
Itand 945
Southern Kua Pons
Brien Corp 7).
Mentor: For the glaringly · for the fourth quarter of abylous граном
that the
American Government would be prepared to pay more for
than short term loans Brilish.
Quaestor: And.... Mentor:
year.
position
he
"
the With
er the international in market now better than it has been for some considerable time, market quarters me pre- Couaril will dieting that The
been
and the Bri-decide on a sizeable hervagy in tish would of course have to the quotas which have increase their rate to redirect heavily restricted during the the flow of sold luto their
past year. www rafters.
This
Quarstor: inviably happen?
Mentor:
ay boy. take an astonmatie.
Unchanged
would
ex-
At its last meeldig at the end of May in Copenhüten the tin ran council raised permissile
ports for the third and current 23,000 tons Lo quarter from 26.000 tons. This still entails a 34 per cent cutback in the pro- duelag equntries capacity.
The International tin market is today in a much better con- dition than even last May, due ehteily to the industrial
Europe
All of which explains why or Quaestor spends eternity pestering people with his ques- tions. For last week the Amuri- cans did hoist their Treasury B rate and the British one recovery mained practically unchanged.
2
re-
and the
United States.
For the past month the price There
a short-lived has held steady al about WRE
£ 793 on the part of gh- Hesitaney
believe dealers ton. Tin the edged Shaves on | Market. But that, I am con- vinced, was in a large measure cus to the unexperteriness of the American move. After all it was virtually the first time tha
112:
200 HI
300 40
50 10 28 27
19.40
| Itfalen Power
Imperial O
Ingenit-Hause!
Island Steet Co.
Interchemical Corp.
Int? Business Machines
Int
volume
Of a tela 1,214 issues trade 180 were higher nud #20 Jower,
American Exchange was 800,000 shares. Bonds volume $5,580,000,
Harvester
International Nickel Internation Paper Int'l Tel & Tel
Kandunted to | JeniseMaavale Co.
Closing Prices
Abitibi Pwr. & Paper
Aker lor. Ay
Ahasa Sirel Cus
Alled fhendirafi
Aid Mulk Ite
AB Cats
Am. Broke Sho Awirican Airline, Ameriera Cable & Beco
American Cyanand Cu. Amer. & Foren. Power Am. Gas & Eleble 10.40, Am. Home Prof."
Ans. Mach. & Fikry, 284
Macab E
110 20
FOL
106
500
20
500
***
2833 26 10
C
INDUSTRIALS
STORES, ETC Duy
2375 341;
13:30 17
1
17 40
54
17 43
Wolson
10 50 2240
18,
20180
6:25 150 00
05
190 10.30
1. Craw COTTONS Textile Nangang
་་
MISCELLANEOUS INVESTMENTS
Viber:
fal
13.10
3.30
€ 83
American Metal
An Natural Gas
Amecieza Smelting
At Sugar Hit.
Amsteza T & Tel
American Tab.
Anaeruky Cappe,
Amca" Steel
Atlan Doms, Mining Baldwin-14tna-23juri
1039 in Haltimore & Ohls
Agreed Merchant Rates
Kyala
(Burma
Bank of Monteral Benedical Elate
Bendix Aviation Corp. Benguet Cons. Dethielm Steel Being Atilano Dorden (The) Co. Burroughs Add Muehine Belish Amer. Oil.... Calif. Packing Corp. Usta, BK, of Comin Campbell Soup Cn. Canadian Paclite N. Cue (J. 1.) C1. Cat. Tractor
Manhat, Dark
Rangoon), That most of the original 23,350 Maximum Selling 824. Minimum tons of metal in the stockpile, Buying 83 TT.: 83-11/16 D.D.; by the-1/10 & 30 days; 84% 60 live now been sold
the market, on
to-days: B-15/10 90 days; Swiss maikager gether with all or mest of the Femes. Maximum Selling 4
the fritish | 15/16: Belgian Prunes, Muximum Colombras Curian Co. rate had risen: 2.500 tons
which | Selling
W. German Comunerela? Credit BG5; since Government's stockpile rate Lendon 1952 when the flexible menriary was handled through the buffer Denebemarks, Maximum Sell-Calidated Fallon
reintroeurd in stock manager.-UPI. policy Brilaira By the end of the werk gilt-piged were rallying
the American
bave the
Was
once ne TC,
The Americans raised their Bil rate because their economy
WHIL Is hooing so heartily.
every wanting money to ex-
14-pand industry. to make lours.
and to buy horses, cars und TV
We Dronten Caldining sets, the state is reached where
We Rand Chess 229 3
DAF
Brital Borgen Pelcodes. Syndi.
endi Al Ma
1th Petroleum
Jurmala 14.
Co., Lt
Royal Dutch Petraletim £361 Shell Transpart &
-Renter
Trafi«.
Rubber Market
Review
there is not enough money la po around
Among those wanting a share is the available money
Ther American Government
bern forced to go to the money market because--for reasons which will leave to American Commentators to explain-the Government has been told that it cannot attract more money lay rusing the Interest-rate celing en is long-term bonds thereby making them more cle¦ tractive.
Competition
Singapore, Sept. 1. The market was down t the opening on disappoint-
Consequently it has to com- ¦ ing overseas advices and
pete with all the various people. fears of strike at Good who
secking short-term And it aitracts lenders year factories
the money. in
them greater United States.
by promising reluin for their money. So up American Trentury the $ou
WON
are
At lower levels there Improved buying interest and Bit rate.
short covering lower sheet buy- Why then did the British rate
ing fair but selective with fac-remain virtually unchanged? tories quiet.
The market
On reason could be the pre- opened steadier sent confidence in the strength after lunch with small advance fof sterling. Despite the fact on now of Goodyear'a, site- that we are now in the season nant. As higher level selfors when traditionally sterling came out and therestter ruled
comes under. 'pressure because
demand of ecinmerciai very quiet,
In New York, Nex, rubber dollars, the
pound Toins 55 to futures today closed
30healthy.
from
itt 72-9/10.
Yesterday's Closing
ة السور
41
47%
Colombo To
Be Increased
THE member lines of the Britain/Europe to Colombo shipping conference announce that, owing to a further serious deterioration in condi- tions in Colombo port, they must increase their freight rates to the port to a "more realistic level."
The new
rutes; which are turnround of ships are common understand to be about 15 porat Colombo, cent higher will come into effeel
with the shipping as from September 1,
recession now In ita thiro
Meanwhile
The conterence emphasises, year and no signe of a naturni however, that the higher rates fand unuided recovery sight, still do not ofset completely the The British shipping industry has Increased operating costs of agreed on the importance
vessels having to call at Colom- ho. On purely economic grounds it is believed that a rate increase of well over 20 per cait would be Justined.
It is understood that delays of between 70 and 110 days in
TURBO-PROP
40
421
52
2211
2014
Kaiser Industry
Bantay C. Power & Light
403.
Kemkent Copper
10031,
Kimberly Clark
$
$. N23.
37.
Liggett Meyers Tall, Co
FREIGHTER
Laly Tulip
117
Lation Ind.
11
Joakim Ahwraft
Loews Incorp......
SEE Lone Star Cement Co
Lowenstein & Sons,
Musat Iron Corp. Minnesota Mi
Blasion Development
122, Monsanto Chenileal Co. Montgomery Ward
205RITAIN'S nowost freight-
31 Der aircraft, the
Arm-
|
ΟΙ
making a comprehensive survey
Investigating
16
of the state of the industry.
In addition brond shipping policy insta- which would probably include such phenomerin Angs of financial convenience and the backing contributing to their
worth growth the
survey examine. among other possible solutions, the Tousibillly of co- peration schemes between dry- owners and be- cargo tramp
tween all tänker operators.
Whitworth 650 New Lightship
Argosy, starts its intensive
10
strong
mi,
14025
12%
53
overseas tests at the end of For Irish Coast
this month
with tropical!
311% trials at Khartoum. Lator in
NEW lightship, arderad
the year it will undorgo win. A by the Commissioner of
-1881, | Melmola The.
BB
National B
Co.
513%
National Cash Reg. "A" National Dairy Prod.
01ter trials in Canada.
Namal Lens .....
1221.
National Steel Corp.
l
Noriath & Western By.
Zenth Amer, Aviatio
241
New York Contral
Noranda Mlnes Lid
2944 Northwest Alrin. (Com.J
Olin Malktearn
all invata
159
23
BOND Oxford Pope
Owen-is Glak.
Paulie Ga A Ples.
G91
Pan American Airways Pakaronat Tugtunew
241
$11
1073
Park Davis Co
313 Penny J. C. c. 074 Peur. Salt Co.
305 Pillip Morris 307.
My Bowes
1512 Procter & Gamble ca
Pit Plate Glass
3DT, | Pindieker Industries
2734
验
Puve Oil...
Radia Conpointion
10495 Radio Corn. Pref.
לוג
Haytheur!
March.
mnast the com-
Irish Lights was recently completed by the Dartmouth - yard, Philip and Son, Ltd. Because of the severe gales experienced round the Irish been coastlino she has specially strongthened. She has also been fitted with extra large bilge kools to minimise rolling.
Already one of the fested aircraft in existence Argosy is expected to plete its full certification pro- ramme-to both British and American standards-by next It made its public debut at the Parls Air Show and two aircraft will be on display at Farnborough next month.
Fitted with four Rolls Royce "Dari" Prop-jet engines, it can short tons (12,247 ctury 13 Klas.) of
freight
83 economy - class passengers — When on statlon the vessel is twice the payload of a Viscount moored by a 14-in stud link payland of both cable attached to n four-ton
For passengers.
mushroom anchor. Two 35-cwi quick conversion from passenger | awchors have been proviited and te freight roic, the triple seats stowed in recesses on the port Into the and starboard bows with quick- can be folded away
{"
The ship is 130 ft 3 in overali and has a breadth of 25 ft and a moulded depth of 15 f.
contours of the fuselage stiles.release gear for use
An Argosy full of freight can be unloaded and reloader in 12 minutes and lurn-around time éan be as low as 20 minutes,
QUICK LOADING
D.3
1032
36
Celotero Dorgy.
303
40%
or a mixel To freight and
0.1.3. Planetal Cro).
SP
Realite Steel
801
Reynolds Metal
193
Cluett Peshly
Chrysler Motors Colgate Palmudive Co
613
ROVI Bák of Canila
Da
400
Reback & Co.
40%
Surfi og r
34
4012 Sb Paper
Safeway Stores
33
$5
Schenley Inc.
581
63
Scull Paper
rtmental Oli er Del CERIN CO.
Sinclair out
574%
50x4
.....
Smith, Cline & French
501
Sony Botal of
A$1
Solar Aircraft....
1712
South Puerto niso sug Southern C
Sugar
170
41
Southern Nathai Ga
Southern Sallway (cm)
$3
Standard Brands
721
Standard OH OF C
Sandard OH of End.
401%
MW
12
521
21%
1209
COMMODITY PRICES
METALS
Standard On of NJ, Strep Rock ...... Sterling Drug Co. Stokely-Van Camp. Sten A Webster Studebaker-Packard ( Sunshine tinteg Swift & Co. Texas Co.
Textron the
kal Chem
del/bre.
Apr:1/Ju
The
ency.
in sumer-
The lantern is a fixed structure which houses an optical system
appled by Stone-Clumce" kad, the bram being 40 C1 above ren level and visible In clear weather for approximately 10 the miles. The fog signal diaphone freight floor is ni same level 41, (12 metres) als Mited on top of the steering
hed and shelter; his air operated the average truck
and Inrzo hemispherical ru- by using a specially develope;l has lónding system, known aonators of glass-fibre construc- "Rollerma1" two men can load on.
Accommodation condste or two tons of palletised freight in i
five seconds. A bridge-piece single- and double-berth esbits between the lorry and the air for the crew with
single
one
The master's accumuno-
craft frons out any discrepancyberth cabin for the lending in ground level, and the air hand craft can be loaded from ofther dation is soparated from the crew and consists of a steeping have already cabin on the port side and is day been ordered by an American cabin on the starboard side, air-freight
addition, a separate double berth Riddle cabin i company,
provided
two Airlines Inc., and an unspeel-mechanice when they are re-
Four Argosies
No. T MOR
315-01
SUGAR
Settlement use termi
201
Jns Marchi
Tile Water Asti, Oil
24
end.
Oet/flee.
Pi se........
4131%
Prisfont. Warranty
ra markats, vt.f. 19.11
NEW YORK
* H Closing prices alt in cents per Nov.
Existe trepe the Sept 1b.;
NEW YORK Closing prices, all in
Twentieth Century Fox Film
cents
Valon Carbide
per h.:
Tuon Oil at Cal.
461
Lead
Unlm Pacifle Railway
131
thick Sepl.
Sept.
51.00
afted Alreraft
441%
Chit.
12.07
United Frust
27
AMSTERDAM
Zinc
fulled Gas Corp.
Sept
31.41
U.S. Fail "D"
Closing prices all in guilders
Oct.
151
U.S. Gypsum
31-1
per kilogram, c.i.f. Sept.
Συμμετ
VS. Li Co
Sept.
320
US, Rubber
3.077
Alf unchanged-UPI.
Out
$1.30-42
3.10
Tin
reut. Oct
Det.
Contract No. 4 (world)
Jan.
March
MRY
Jtely
Sept.
Oel.
Spot-to.b. Cuba)
Total Sales: 404 contracte
Open interest: 847% contracts,
Contract No. 6 (domestic)
Sept,
MON
March
Spol (CA. NY, ex-duty).
Total Balen: 26 antracts.
Open interes: 1,301 contracta—UPI.
|_ COTTON
102,02:5
109.50
13. Steel
LONDON
Closing prices, all in sterling per long ton.
Spot a-inuath
US, Smelting
US Steel
P.C. PF.. Warner Bros. ... Waukesha Motore
Westinghouse Air Brake Westinghouse Fleetzle
Western Union Tel. Co. West Vn, Pulp & Paper
Winn-Dixie Stores
Woolworth (K. W} Zenith Radio
yers Sellers
701
712
3.60
NEW YORK
Tia
6.00
Closing prices all in cents per
Copper
Spai
3-montli
Okt: 32.30; Dee Spot: 33:25:
32.; May 32.21 Marett: July: 32.37; Oct: 33.40; Dee: 3.1.15.
end ist half
2
Sept.
Nov.
Zine int halt
NEW ORLEANS
Sept
Nov.
544
147
RUBBER
for
lb.
NEW YORK · Rex rubber
futures closing
points higher with sales of B5 Another probable reason is the prices, all in cents per lb. contracts.
suspicion
American that the Ignoring the weak spoil In Treasury Bill mte is not going securities and the boast by. to stay for long at its present
banks in their high level. commercial prino Interest rate to a 30-year economists
American
Some fear that
dear curtail pesile of 5 per cent, rubber money could in time futures foreign markets, but consumer spending and business extent which mare especially in face of us-investment to an tained consumer buying inter- could make it a greater threat cat in both the delivered market than inflation.
und in shiperent rulibor.
Finally, one must remember that international lenders can
Sept.
Nov.
Jail
hard
May
July
Sept.
Closing prices all in cents per
Dec: Spol: 31.33; Oct: 12.30:
12.0: May 32.00; 32.19 March July: 32.33; Oct: 30.44; Dec: 30.4K.
3760
SAO PAULO
2.40
36.16
34.16
All unquoted?.
35.40
34.40
J$20
SINGAPORE Closing prices all cants per 1b, ports:
in Straits t.o.b. Malayını
Brcased activity in the mot still lodge dollars in London at No. 1 Sept. market included some, sales, of
out of Vietnam atutes more attractive than that one theets
30 cents. Spot No. 1 Rss offered by the Treasury, British No. 2 sept.
Average price in U.S. at 14 de- signated spot nunckole: 31.83 cents.
Total salon: 41,210 bajce.
LIVERPOOL
Closing prices all in pence per 1b.:
American Contract
21.00
21.70
71.55
Mixed Contract
22.00
Oct/Nov. 1001-1001 Dec.au. 15475-1949 March/April 10514-3054% || May/June 1042-105 | July/Aug 10233-10314 | Oct/Nov. 103-107 1031,-10345 116-118 Oct/Nov.
Dae Jan March/April May/June
Oct/bec.
Oct
municipalities, for example, No. 4 frequently offer attractive rates sponket repe Wes quoted at 38% cents,
London, In
the rubber
for money at short notico. market was quietly steady with
All of this I hope confitme my. No. 1 pale crepe 1/18 to 31-5/10 opening spot down
sentence that!
LONDON pence per pound.
economies you enti lake nothing In Amsterdam, the rubber for granted-Laxton ExpreES Closing prices all In pence July/Aug. market was dull today-UPI. Servleo.
per lb.;
No. 3
M
rubber unkaled
In
FORLIGN
|_ EXCHANGE
NEW YORK Clesing rates; Conada... England oil)cial 30-day DO-days Vihers unchanged,
LONDON
Closing rates:
New York Montreal Amsterdam irumets... Coperthna Frankfurt
Dalo
.00 J'arin 2225 Stockhoun
23.0
Allian
2105 Vienna 2150 Zurich
וי
fled number of the miliary
for
version are to be ordered for quired on board for maintenance
purposes, the R.A.F. Fotential orders from other airlines, which have | SPACIOUS 1001 signifled intent to purchase,
30
00%
J
4710
201
40
40
104
LUPI
(12
equal unother 40 glrcraft-ult A spacious mess-room is pro- . of them from outside the United vided for the crow in the deck- Kingdom.
(house on the port side and 14235
Five aircraft are already ly the starbeard side is situated the Compartments are 481ing and two more have been radia room.
given over completely to tests, arranged amidships for showers, New Argostes are now being wash basins, baths, etc, with bullt at the rate of one a month. 2n adjacent galley arranged A correspondent who flew in Alhwartships; this contains a re- the "Argay" recently found frigerator, wash up, plate rocks, coal fired cooking as comfortable and as smooth qaete, and a
present day passenger range with boller embodied for alicraft. Although seating ac-heating all domestle water for All class it is at least accommodation is heated by hot
water radiators which the average
are tourist
operated from an all-fired boiler In the machinery space,
עתןןןןן
Unemployment commodation is described as wash basins, showers, ele.
In Britain
Londen, Sept. 1. Unemployment in Britain jumped lust month for the first time since January, the Ministry
Labour announced.
A Ministry statement said the rise of 32,000 in the num- ber of unemployed was the frat since January's high figure of 021,000,
The rise, caused largely by 3/1 Increase in unemployed 1.04 15/16 boys and girls who have just left school, brought the total of unemployed In Britain to 427.000, the Ministry Bald.
2.0010
3.8030
2.8063
1.60 5/15-2.00 7/16 3.07 1/10-2.07 3/19 10.00 3/7-10.00 6/8 340.15 1/2-140.13 1/2 10 35 170-19.35 1/2 11.73 1/4-11.73 1 20.00 7/1.20.01
13.09 3/2+15.74 3/4 34 60 5/8-14,50 7/0 1730 3/4-1740 174
73.24-$2.40
32.10 774-15.11. 1/0
UPI
economy equal to class standard,
POPULAR
The steering al elter a linked up with the maler's cabin and The fight dock is rely to be machinery apnoe by telephones, popular with pilots the world and a loud haller la installed for over for it was only after on communication with vessels in extensive survey of opinion that the vicinity.
fa
final lay-out was decided, The machinery The Argocy which has been situated amidships, where tho dubbed the future work-horse lighting sets, fog rignal sets and ` of the air, is an aircraft which three farge air receivers aro could have a marked effect on installed. The lighting sets con- the already rapidly expanding sist of two Ruston & Hornsby I offers IVSHZ oll engines of 7% .hp. air freight business. the prospect of passenger and (at 1000 mp.m. each and tawo freight rates comparable with 2VSHZ engines of 15 bhp. ot purface transport plus the added ! 1000 r.p.m. each, direct coupled advantages of reduced trans to 4-kw and 0-kw 100-volt de. time, reduced risk of damage guntiators respectively. The fog
in all sets comprise two Ruston and consequently lower
in a projected & Hornsby 3VSHZ oil engines of surance rates. Bir-bus version carrying 320 34 bhp. at 1500 TIM. sach
clutch to passengers it could operate at as coupled with
1.20. thie Jittle as
per passenger Reavell FR. 5% by 10 air com-
to re prescor for cupplying air has colvers. An atler stiles service
Explosive fog signaia
Exchange Rates
Entrees was done in the local
unomelal
exchange, market morning at the following maten- 1.6. dollars (per $1)
Sterling sales (per £1) ..... Australian Bates (per £1) ...
Indonesian rupiah (per 100).
Stam ticalor, 100) Bogapore (tralia)
mite.
6.73
a
箱
10.00 niready been established and are operated electrically and are 12.41
200 the company claims that creditted to boons port and 2010 facilities equal to any in the board at the after end of
1.03
world are availabic,
vessel.
star-
tho