Page
THE CHINA 'MAIL, TUESDAY, SEPTEMBER 15, 1959.
DEARER NEW YORK MONEY
London
Market Hesitant
London, Sept. 14.
Stock markets have had a qulet day and generally speaking the
frend was undecided.
There was a certain amount of selective buying going on but with an uncertain period ahead buyers were showing some reluctance to Extend com mitments while here and there profit-taking was going on,
securities Gift-edged quiet and while the short-dated aliceks tended to improve the long-daled cased.
were
in foreign, bonds there was a mixed appearance with Greeks depressed, doe it was thought to eplion declarationg Germans were fh.
Repercussions HONGKONG
On London Rates Unlikely
London, Sept. 14.
STOCK
EXCHANGE
Our Own Couespondental
Stock Exchange this
The impact of dearer New York money on
London money rates, conceivably in-. Buslacss done on the Hong- cluding Bank rate, has boon discussed kong
morning amounted to approxi- previously. After taking too little notice mately $1,081,000. Noon quota- of it, people suddenly took too much actions:
tions and the morning's Iran-
notice of it recently. Long ago the uptrend of New york rates gut paid to any hopes of
a further eut in Britain's Bank rate.
When the steel strike ends, they will tend to drag London money rates up which would anyway be normal of this stage of the recovery.
LONDON RATE London's Bank rate is highly unlikely to be raised unless the pill or New York's money rate butts real pressure on Britain's reserves or unless the British internal bovin gets to the stage
cor of requiring not merely relive action but that particular corrective action,
Indestrials were
generally, irregular and steel shares serce mostly lower or balance but engineering and electrical vqul ment shares showed uteful gains,
Gold factory
reserves are
N.Y. Suffers
A
Late Sinking Spell
New York, Sept. 14. Stocks suffered a late sinking spell today which
sent the market lower on Halance.
Some of the market's carty strong spots were hardest hit by 0.35 the lato selling Litton, which Das was up more than a point around!
the opening ended the session dows as march na 6 points.
shares Tuyers Sellers Rules BANKY HK Bank. €33
30 +7 In the US. the bungie which brought the recent jump
In Union****
INSURANCES money rates during 'an Un Lombard precedentedly critical steel strike SHIPPING - managements 13
whole Wheelock (not merely the steel manage- DOCKS, ETC,
✡
Family Finance Corp. Fit Not Chy Bank Ford Motor Co. of Casio, Ford, Motor Georgia Pacife
General Electric
dian, Pus. Etil.
General Foods General Motors
Glidden Co.
of
red
Gulf Oil
ramond Organ
At no time in the session could 443 volume be described as heavy,
However, a limited volume 45selling in the absence of a 1320 support was enough to
บ 4344
6.45
0.00 32,035
S'S 4G.
2006
403 F 200
33 1243
101
DOG A
ร
200
ments) are taking this one as Dock a show-down to bring labour evident 13.10 13.30 to its (disinflationary) senses**
an unfortunate coln=| LAND, ETC.
-- was cidence.
on
Talkou... 22
1K futet 20.30 18
There is Every rencon La expect further twists of deares and tighter money after the strike, but, while it is on, its effect
Inventories alone makes potently for a full, or Humphress indeed
temporary spasm of, testy ... easier money,
REPRESSING
sonic fairly sharp losses.
Investors generally remained 28.49 on the sidelines in view of un- 500 41-42 tainties over the steel strike 1000 23.00
and the pending Khrushchev 33.75
visit to this country. 400+ 93.73 Aircrafts nhd Rome elec- 120tronics met support in the wake
jot Nussia's successful moon 1.83 retket.
Brokers sald there is 1.35 some feeling this turar
might trigger an increase 3.40 U.S.
suctuding how inissile
5000 !+
1.33
2.40
3.40 development.
NK Land,
XD
30%
. 1000 к.
10
: 5.13
72 1
13
1.00 Lado
Joucom
NUMBER Amals.... 3.40
5010
10000
..
4.16
4.20 3000
10,301
4.375 4.15
3.05
2.80
5550
5000
1.95
29.70
110
100 M
200 u
120
400 za
138
LOG
1.18
500 M
1.19
100 IN
400
17.00
10 1500 14
500
17.00
100
500 r 17.00
Netther is happening yet: for
Unil the bungle, the strike the line of year, sterling and was repressing money rates, and satisi Britain' shares made 能
Trast doing the Federal Reserve had come although well, wille America's showing
reserves near to publicly shelving the business was on the small side are still doing badly; ar to the question of raising Its discount guncalo
A. Tawah 2.70 Free States hardened andi
Internal situallon, the capital-
8. Kelantan 1.020, Anarve house shares respondidi
goods industries have still to feel lo Swiss buying.
UTILITIES Oils drified lowre and rubbers the revival, let alone any boom.
Teun and lens were irregular-UPI.
Yaureati
די
Closing Prices
filtedged Boud
Delties Transport £68.11.10.
LEFT ALONE
Hable
A coming general election Inhibits any bank rate or other action which might turn out to 170/28 be unduly or prematurely
| Inflationary de be
political misinterpretation. Bar- InGD-ring a clear-cut case for moving 1098/50 Bank rate on or of the the argu- two cited grounds, Stock 39%, 1989/2001-ments for leaving it alone are
4 1000 patronfg.
Consois 211⁄2--EBLIS, Consols C72-15/10 Conversion Loan 31 E64-1/10.
Funding Loan 3
283-3/16.
Finding
7/10. Fund
01-546.
Lonn
• Sovince 3, 1:35/05-9395.
-
งด
101
Savings 3. 1900/70-CA-3/16. Savioka 3, 1805/75-£75%.
Hanks
Barclay's Bank "A" Ltd ard-8t
Chartered Bank-49 3. Hongkong-£52%
Insurance
Union ance Conton-LA.
Aircraft and Motors
Britfal Motor Corp. Ord-10
Find Molor Com29 4:44.
30.
Breweries
Distris Co-2
Buliding and Materials
Associated
Portland Cement--02
Pinchin Jalanan Associates Örd
Coal, Steel sed Enginnering
Tatierek & Witeux Lid-18 148. Vickers Lig
Food and Tobacco
British American Tub. Co., d
Imperiat Tobacon Ca.. Lki--57
الاول
Mtucellaneous
Hoankman Marden
Ltd--
British Oxygen Lid Orn-05. Bd.
Canada Rubber Com243444
Pucille ly-45
Duning
Hongkong China O-14.
Imperial Chemteul41 »
LOMA & Co-76 4124.
Unilever Ltd-1.
rates.
if the paradoxicat coincidence had continued, I might have pressed on Wall Sirget and the economy.
As it can be removed by Washington talking and acting dis-more sensibly, US. money rates to should ease back. They seem to be doing so. Wall Street in re- leved, and the question of their repercussions on London Bank rate or anything else is put of sirike. China until after the Mail Special.
U.S. MODIFICATIONS
TO IMPORT QUOTA
ON WOOL TEXTILES
Washington, Sept. 14.
The United States has agreed to examine possible modifications of its quota on Imports of wool len and worsted fabrics, the State Department
announced today.
In
States had agized, to The wool quota, which pro-, United vides for Lari "penalties en examine possible modifications certain level, on its quota restrictions ba im- imports above a
arxh worded has been under special criticism parts of woollen
Britain. Mr Harald Mac-fabrics. anillum,
Prime British Donater Poprz Curp Ord-504 Minister, appealed in President Eistnhower during their joint television broadenst in London on August 31 to "do something for as
416.
verל
Radio and Hectrical Arociated Electrical-31 &l. Electrical & Musteni-53, 31. Eng Electric Co-434 0. General Elvetele-39, Kİ.
Shipping Indo-Chton Beam erd-30 34.
Nov. Co.
def
P&O Stean Navigation det ord
-378 21.
Stores
the
wool textiles."
NEGOTIATION
The State Department said that negotiations would
open
Great Universal Slote. "A"-with Britain and Belgium, at an
1990.
Tarks & Spencer Ltd- 50s. Woodworth W. Co-15 d.
Textiles
Coats &P ltd-28 44.
Couauld Lid—he 11⁄2d
Anglo-American
"Corp of South
Africa-20 d.
Con Gokilelids of South Afrten-
D
Cons Zinc Cory, Ogl--ats 3d.
De Beers def-176 34.
enannqueced date, "looking toward possible medification" off the provisions of the General Agreement
Tarifs on
and Trade (GATT) under which the 'quela was maintained.
that
It sold the new negotla-
tins were requested by the
British Government läst August
Free State Develojiment & Invest-ard being undertaken "to ind
meat-1 is.
Hongkong Tin=4) 7!d.
juling Tin-0 34,
Hand-19,
Southern Kinta Cons Lid-285.
in solution to the many problens which both importing interests
United States In the
and ex- interests porting
เร other
· arise Deicfantes Goldmining- ecuntries have claimed
from the application of thin quota,"
Un Cor-70 3.
1074 d.
West Rand Cons-22 d.
10
Detish Borneo Petroleum Syndi.
cat-501
Brikh Petrolçüm Co., Ltd-528
100
Bunnah 31 711⁄2d.
15-11/14.
Roval Dutch
-Reuter.
ARRANGEMENTS
The United States will hold Bri- the new negotiations with Petroleum-taln and Belgium because these
two countries were parties
New York Sugar Market
Shell Transport & Trading-1473. tariff arrangements under which the quota Is maintained. But concessions granted to them will also apply: to other wool, exporting nations who are mem- ibers of GATT. "Britain and Japan are the two major cx- worsted of wool and tabrics to the United States.
One of Britain's complaints has been that the present bystem
1
pórtery New York, Sept. 14. World No. 4 sugar futures to- day closed 3 to 6 points higher with sales of 305 contracts.
Domestic No. B sugar futures permits Japan and other export- closed 3 points lower to 1 pointing mations to f1 the quota with
higher with males
tracts.
of 15
Speculative covering
con-poor quality goods early in the
your, thus subjecting high qua iky British woollens to the high- In the er tarif rate. nearby October delivery joined,
Offcials said that the Inten- with trade buying in putting tion of the United States- was the world contract on a con- to find some method
fident upgrade today.
Buyers
drew exira
eliminating the "Buctuation" in en the tart rated and in this way couragement from trade reports car tha restrictions against
suggesting that a sizeable block imports-Reuter,
of raw sugar may be sold to
France despite,
dentais to that ANNOUNCEMENT
eftest last week-UTI.
Agreed Merchant
Rates
Belgian Francs,
Selling, 000,
1
C. Light
Electric.
X AU...
23.70 23,00
INDUSTRIES cenzent ... 34% 361 STORES, ETY,
Dairy
shot
Today's volume was 2,500,000 shares.
Of a total 1,107 shares traded 1.03 288 were higher and 709 lower.
American Exchange volume wan 880,000 shares.
1.10
fonds volume amounted $5,810,000.
Closing Prices
3D Abitib! Pwr. & Paper
18 Akiro Inc, Acy.
130 m 17.90
con # 23.6O 100 M 3347
Algona teel Corp.
Afied Chemicals
Alec Mix Inc.
Alta Chalmers
Am. Brake Shor American Airline
Corp.
Amer. & Foren. Power
NO
Goodrich (B. F.) Co. Goodyear Tyto
Heyden Newport Corp. thanestake Mining Co.
Idaho Power Tngersoll-arid
Human Retrig. A, 5
Inland Steel Co. Interhemical Corp,
Budness Minellities
Int'l Barvester International Nickel international J'aper Int'l Tel & Tel J-Manville Co. Kaber Industry
Kama Power & Light" Kerineeti Copper Kimberly Clark
Liggett & Meyers Tub. Co..
Lly Tulip Lion
Lockheed Aircraft
Loew Incorp. Lone Star Cement Co. Lowenstein & Sons, McDermott J. Bay
to mesota Mining
972 National Dairy Prod.
National Steel Corp.
354 New York Central
3211
179
7311
20
401%
231
Pare 9
Milford Haven To Become Important
British Oil Port
MILFORD Haven in South Wales, counted among the world's finest nätural Harbours, will soon become one of Britain's most important oll ports. The British Petroleum Company Is building u unique oll tanker terminal off one shoulder of the haven and Esso Petroleum Limited, a second terminal off another shoulder,
AL the Britch Petroleum
terminal, a £0.5 militan project,
There will be a minimum dẹp!li of 94 feet
of water enabling Replacing
014 tankers carrying up to 100,000
10%
tons of crude oil to berth sately. The 'Queens
15% Two super tanktas will be able,
04
to bir smultaneously at D
204 2,300 ft. jetty head and pump
M
100% hele cargoes ahore to storage
201
Janks from which the oil will
A
throo-mon committee
led by Viscount Chon-
British
be pumped through a 60-mile dos to advise the
Company's Government on the toplaca- ment of the Giant Cunard includes Liners, Queen Mary and
pipe-line to the
Llandarcy Refinery.
The Esso projczł
the building of a refinery on the
sheres at the haven.
Queen Elizabeth, had been
The two projects will, it is set up by the Minister of estimated, be able to handle up Transport, it was announced,
to eight million tons of crude
oll a year. Tas first cargo will: be pumped ashore defore next July.
LARGER TANKERS
On June 3, Mr Harold Wat- inson, Minister of Transport and Civil Aviation, told Parila- ment that the Government had received information required by him from the Cunard Com- He then indicated that soma #nancial nid may
be Larkers. The prolotype of the granted by the Government to modern lanker. the Gluckauf. help replace the 00,000-ton launched in 1880, was of 2,307 trans-Atlantic liners, now more 43% tons; tankers are being built than 20 years old.
As the demand for oil has increased so has
the sizo of
300
182
39
| Monah) from Corp.
Bürsion Development
Stetanto Chemical Co.
4912
Montgomery Ward
Motorola fine.
1021
National Biscuit Co
£14
National Reg. "A"
110
National Lead
41
28
Americon Cable de Radio
2314 Narfale & Weston Fly.
Noranda Mines Lid.
2007 23.90 200 233 1000 v 23.19
American Cyanamid Ch.
Бо
Northwest Airlines (Com.) Pin Mathieson
331/
ATEX
Otin Firvatore
7719
11
Macao E... 104 10.70 Talophone 2020 29.30
Am. Home Prod.
100
Owen-Hinois Glass
Date
B) 27.10 NO.20 500 100 M
Am. Mach. & Fary. American Metal
Oxford Paper Co.
473%
235%
Pacifle Gas & Elec.
41
Am. Natural Goy
DAP?
Pan American Alewayn
22
1000 20.20
American Emelting
43
Paraonun Piriures
44
|Am. Sugar_Ref.
Parke Davis Co.
2004
3412 100 3412
American Tel & Ti
76
Penny J. C. Co.
147
Anerican Tub. "B"
Penn, Salt Co
18 40.20
1:53 27
Anaconda Cópptc
£25 ID Morris
2011 BOST
Today to carry 60,000 tons of oll and more.
The B.P. Tanker
19
Amico Steel
77
Planey Blower
1000 1 10.30
22
Procter & Gamble Co.
500 18.10
10
2014 18.30
14
22
500 g 21,79
1000 600
200
50
Rgབག
Benguel Cons.
142
Hadio Corp. Pret.
343
Bethlehem Steel
COTTONS Textiles
Repubile Stee
| Boeing Airplarie
22
0.00 0.05 2300
3000
4.03 6.00 2000 0.603
1000 or 11.40
neynolds Motel
Burroughs Add Machine British Amer. Ou
Royal Bank of Canada
20
Sears, Roebuck & Co.
Vibro
H.K. & F.E
investor
03.70
British Columben Iwr. Calif. Pocking, Corp. Cana. Bk. of Cochin Canadian Pacifle R. Cam (3.1.) ca.
Sell Oll Co...
63 Safeway Stores
Saint Reg. Paper
2714
Schenley inc.
20
11.30
$2
Celanese Corp.
K317
Solar Arreft ..-..
150
400
#
0315
Southern Co. (The)
Southern National Gas
Southern Railway (Com.)
Landard Brands
521
71
Sundard Oil of Cal.
50%
4316
1122
Watson Lause, Crow. 2.70
Amrour
Allas Com. Mining
Baldwin-Lima-Hain,
Baltimore A Onto
Hank of Montreal"
21.00 | Bendix Aviation Comp.
Nanyang 11.40 12.00 1000 or 11.40 MISCELLANEOUS INVESTMENTS
Exchange Rates
SINO
Businest was done in the local He said that because the quota
nomictal exchange market this discouraged the import of highly-morning at the following rates:-
U.S. dollars (per $1) _johtaa styled and distinctive fabrics, Britain's share of exports to the Sterling notes (per £lt..... Australian notes (per £1.... United States had drerned at an
Indonesia uplati (per 100).. alarming rate over the past four fam ticals (per 100) years.—Reuter,
Singapore (Sinita)
Yesterday's Closing
CUT. Financial Corp. Chase Manhnt. Elank Chrysler Motors Cuti Peabody Colgate-Jamožive Co Commercial Credit
Consolidated_Edison Continental Oil of Del Crand Co
Crows Zellerbach
Cuban Amer. Sugar Dlamont Alkali
Diamond Gard
6.73 15.04 13.50 .6.05
Dominion Stores
Dow Chemicals
211.20
Dupont de Nemours
Frman Kodak ..... 101 El Paw Natural Gas
COMMODITY PRICES
SUGAR
NEW YORK
Closing prices all in cents per
lb.:
Contract No. 4 (world)
Oct; 313: Jan: 3.16; March: 3.19: May: 3.18 July: 3.19: Sept: 3.25:
Oct 323 Spot-if.0.1. Cubai: 3.12.
Totul Sales: 303 ostracts. Open interest: 0,040 centracin,
Contrast No. 8'(domestic) Nov: 80; March: 5.01; May: 5.60; spot-(C... N.Y, ex-duty): 0. Total Sales: 35 pontincta. Open, Interest: 1,538 contracts.—-- UPL
METALS
*NEW YORK Closing prices, all in cente, per lb.:
תר
11.00
COTTON
Blanket crepe
No. pole crene
LONDON Closing prices all in
Settlement house letm Gel/Lee.
40
Pittsburgh Plate Glass
Publieker Industries
Radio Corporation
Raytheon
Scott Paper
Smith, Cline & French
di andard Oil of Ind.
Marxlard Oil of NJ. Htool Co. Candy
55% Stoep Rock
A24
Stering Drug Co.
Stckely Van Camp. Stone & Webiter'
Studebaker-Packard Coip.
Buahine Min
Swift & Co.
Texas Co.
301 Textro Ine.
Thlokal Ches,
Tide Water Assn. Ou
Time Inc.INSTAN
T-Cont, Wariante
Twentieth Century Fox Film
Union Carbide
Union Oil of Cal.....
Union Pacle alway
United Aircraft
United Fruit .............
United Gas Corp.
US. Full "B"
US, Gypsu
U.S. Jane
b.
#114
pany.
Viscount Chandos is chairman
32 Company has on brcer seven of Associated Electrical In- 64ships of 05,000 tons carrying dustries Ltd., a director of Im- nine of 50,000 perial Chemical Industries Ltd. capacity and tons. They will be delivered and of the Allance Assurance 574% between 1960 and 1963.
Co. Ltd., and president of the
These ekipe on voyage from Institute of Directors. the Middle East lo Europe _wlili
70
471
тя
be
7815
4674
102
MT Watkinson told Parlia
able to traverse the Suez ment that
the Cunard Com-
Canal when parlly loaded or pany had fully repaid the Gov-
take the Cape of Good Hope eramtent an
which helped
37 route fully loaded, their carry build the Queen Mary (91,000.
48ing capuclly and speed making 3s economically word while.
6314
Most of the rude oil to be Junshipped in Milford Haven will come from Kuwait but There will also be cargoes from and Nigeria
3712
31
תדון
iraq.
Venezuela.
Diesel Cable Ship
THE first British
with
cable ship to be equipped
diesel-electric
main
tons) and the Queen Elizabeth (82,000 tons) and now needed assistance to bund new shipe becise of competition from u heavily-subsidised merchant marine.
American
Announcing at Cunard's manual maceting last May that the
be Jinery would
replaced, Colonel Denish Butes, chalemari of the Company, said it was the new possible that one of ships would be nuclear-power- ed.
He said, however, that it would not be possible to have propulsion machinery is to ja nuclear plant in the first ship. be built by the Fairfield which would replace the Queen Shipbuilding and Engineer Mary.
Ing Company for the British
Postmaster Goneral.
The
417% whole of the propulsion
34
machinary and the six New Liner To
auxiliary gontorators ro-
304quired for this twin-screw Be Launched
4,000-ton vessel will bo
supplied by Associated Eloc-
+
THE Orient Lina's
Heavy THE
now
passenger liner, Oriana
The ship will have two main will be named and launched propeller motors,
cach
103-105 11019-11074
US. Hubber U.S. Smelting
101
7 PC. PF
145
Warner Bros.
trical Industrica,
pence
Waukesha Motors
4235 Plant Division,
per lb.
No. 1 Raspol
33-33
3141-337°
cents Jan/March..
April/June July/Rept Oct./Dec.
501--12 *9-39!*
Werlinghaus Air Brake Westinghouse Electric Western Union Tel. Co. West Va. Pulp & Paper Wint-Dixie Stores Woolworth (K. W)
29
BO
B
4312
0812
ወሰ ፡
UPI.
Sept.
31-32
от Nov.
303-304)
all in
cents state crepe thin Bepi.
NEW YORK Closing prices all in per lb.
Spot: 32.00; Oct: 3250; Dee: 32211 March: 304 May: 32.01; July: 3.24; Del: 30.36; Dee: 30.34.
NEW ORLEANS Closing les per lb.
Spot: 31.35; Oct; 3260; Der: 32.22: March: 32.03 May: 40; July: 33.24 Oct: 20.32; Dee: 30.31.
LIVERPOOL
283-25-12 Zenith Hadlo
acherd markzia, cil, bane, ports:
thick Sept
ANISTERDAM
Closing prices all'in guilders per kilogram, c.lf. Seplember,
Closing prices all in pence No. 1 rubber per lb.:
American Contract
No. 2 rubber 1. 3 rubber No. 1 crepe
Oct/Ner: 21.80; - Dec./Jan: Mar/Apr: 21.05; May/June; July/Aug: 21.80; Oct/Nov; 21.43.
Mixed Contract
21.89:
22.20;
22.201
72.00;
Oct/Nov: 2225; Dec/fani Jant/Aper. 22.30; May/June: July/Aŭgs 21.75; Get/Nov 2140 UPI.
RUBBER
3.00 по
1,04 viem,
3.00 поп
-UPI,
NEW YORK ·
FORDIGY EXCHANCE
NEW YORK
Closing rates; Canada
England fetal
· 50 days
90-daya New Zeiluid-
Rex rubber futures closing Bouth Africa prices, all in cents per lb.
Lead Bept.
Oct
Zinc Bopt.
of
Copper Sept.
Oct.
fiept
Oct
Sipt.
LONDON
Nov.
San.
Closing prices, all in sterling per long toh.
Tin
Mirch
May
July.
Buyer Sellers
Sept
London, Sept. 14.
3-month Copper Brot 2-monib
7921
131 n3
celit per lb.
porte:
99515N: I Dept
No. 1
WELCOMED
Mr. J. Dourdes Hood, Chile- Mazimun mass of the National Wool Tara | Lænd 2nd Half Hap).
Bilo Ebort Corporation tonight
West Derinari Deutschemärki, (welected the antara hall Hept
Maximura Belling, 72-9/10)
From
Washington that), the]
"
154-15/10
2.8001 2.5040
2.50%
2.7834 2.8078
Denmark
.1451
$3.70
Switzerland
Others unchanged.
2314
194.30
LONDON
34.10
Closing rales:
New York
Montreal Ameterdärni
-/10
SINGAPORE Closing price; all in Siraits
Jirusepi
Lob. Malayan Copenhagen
(d) Frankfur
LOT-207AL
100-105% #lockholm
100-101 2011011
-1103
atiian
Vienna
Rubber Market
Singapore, Sept. 14.
rated by Princess Alexandra of
2200 up. at 120 rpm, giving Kent on Tuesday, Novembor a spad of 15 knots, and will 3. The ceremony will be at be fitted with a cyriotal pru the Barrow-in-Furnass Ship- peller mounted in the bows to
now
give additional manoeuvrabilly yard of Vickers-Armstrongs,
Power for the propeller motory where the ship is will be supplied from four building, diesel-driven
main, generators
each rated 985-kW at 120 rpm, The Orlana is a liner of 40,000 the diesel engines being manu- tons gross and will be the big- factured by Mirtless Bickertongest passenger ship launched In Britain since the Queen Eliza- and Day under sub-contract,
beth, twenty years ago. She is 804 ft overall and has a moulded breadth of 87. ft. The maximum coch main draft is ai fi o ins.
CENERATORS
Coupled
The vessel vill have a service The market opened around generator will be a 300-kW
the previous levels and auxiliary generator, two further, speed of 275% knots, which will
300-kw auxiliary generators reduce the time of passage fram ruited very quiet with being seperately driven by their London to Sydney by one week fluctuations. Majority of own diesel engiics.,
as compared with present lips. dealers were disinclined The six auxiliary generators She will carry about 000 st to trade awaiting clari- be used to supply the and 1,000 tourist elus passon- fleations of United States them can
ship's loed, and any number of pers. The clew will runder 600, all recommodated in single or be switched to a
two-berth cabins. She will bo stockpiling 'polley.
special cirqult for the boair conditioned throughout. propeller ant cable bying sheet Interest was machinery. The equipment in RELAXATION mopgre and largely confined to this circuli will be similar to Bebtember pallion.
For relocation, there will be that supplied In 1840, for the The market rilled very quietPost Offley cable-laging ship three swimming pools, a large throughout the afternoon with Monarch.
einema with a baleeny, as woll little bualitas passing.
The propeller motors can be as a ballroom, end dance floors, covering before holiday
the with to directly controlled from posi-
usual patsenyer monew ecused a suten spurttions in the bow at the stern ameritici. The zuperstructure
Lower
Some
and when this was over prices of the verse as well as from of the liner is butt of aluminium cared to Bithly bolaw thb
|---1,010 tona of it—bril la, the the control cubicle in the engine largest all-welded alumnihtum Best levels of the day..
[uper-structure ever built into a
In New York, rex rubber 100m.
The stop is intended for und dip. futures cloned 10 higher, to 20 points lower with sales of 20 mainly on deep ben cable te contracts,
pairs and salutitarke, especial: The Oriana will be filed with In London, the rubber market ly in the Alfalt, und will, system of transverse peb
puisigh,, devised by Vickerse 44 genrple Armstrongs, to, Ingliitate way dull with. spot quotes at replace the
Gertrian-built Alert. (Amovated manoeuvrina in confined watere | 3371⁄2 penes.
In Amsterdam; the market Mooirieni was dull today
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Tikiustitor
Ltd Tile maximum horsepower
*Rugby, Warwickshire, England.) | 50'00,990.