1958-01-08 — Page 9

Page

SHIPPING

ATOMIC SUBMARINE TANKER CHARTER TANKER PLANNED

London:

pre-

Gol Tankers of London and its associated companies have reached agreement with Maierform 3. A. Geneva, the naval archi- tecta, for joint Hminary Investigations into the construction for commercial purposes of ton 68,000 deadweight nuclear - powered sub marine tankers.

RATES DECLINE

London,

Despite a slight increase in business last week, tanker

owners

were unable to

raise charter rates for single

Ratzo voyages. from the Persian Gulf to Europe, the fact, were reduced.

Storage capacity is still the main restricting factor which keeps Srannavian, Continental and Italian churterers out of the market, One broker mentions a

reconverted recently Jave coal us a source of energy.

W

"It is envisaged that sub-report that some Italian concerns stabilai savings in building and operating costs can be effected by this method of construction, provided the results of theer uttract the Investigations will necessary support from majo intereste oll companies and Governments," it was stated,

Towards the end of last week, the French Compagnie Francaise des Petroles fixed a supertanker

30,000 tons for a voyngent the end of this month from the Persian Gulf to France at the United States Maritime Commis- alon scale minus 70 per cent -

valent to Sente minus 03

(Gel Tankers placed a £18 million order with a Swedst shipyard In July for three steam turbine tankers of $8,000erni.

weight tons each)

Sector would have muy adv.nte av

laer

se e

1a.

.

tai.

01

The water, it Is free from all bladrones from etdition the Furface of the va aru provided a convenient powe source can be used, can there fore be male more economic to operate.

If is ako possible to arrange for the streuralining on the hull design of a submarine

This compares with a rate of en Scale minus 5244-55 ruling werk before ne ment

other charterers are now teving to reduce rates for smaller

overal-purpose tankers.

Pren of London alvo arranged 17 500 tonner from the Persian to Britain-Continent of December 18-27, Europe for

oputing at Scale minus 55 per venl

supertanker tr Although might be able to make a very small proft at this rate, it is for smaller unecocomia quite vessels.

THE CHINA MAIL,

TRADE

WEDNESDAY, JANUARY 8, 1958.

and COMMERCE

Wall Street's Missile

Stocks Get A

Push

New York, Jan. 7. Stocks of companios in the missile or aflied businossos re- ceived a push late today when President Eisenhower asked Congress for $1,260,000,000 to develop space missiles and strengthen the defences of the Strategic Air Command. The market had been rallying before that announcement came late in the day. It was helped by the President's favourable forecast for 1958 and indications that Congress would not be in a mood to cut non- defence expenditures

Gulna in the missile group ranged to more than 2 points in ruch issues as Lockheed, Gen- eral Dynamics, Chance Vought, and Douglas Alrerafi Other aircrafts rose more than a point. Shipbuilding issues ruled strong.

Streis perked up under the leadership of Youngstown Sheel gained more and Tube, which than 2 points, U.S. Borax rose 2 points in the exotic fucia which power the missiles.

2004

Chrysler, a big missile maker and more than a point ther maters armed. Rails - penyed late in the day. Many

rial issues rained to morej than 2 points.

Of a total of 1,140 issues t traded, 622 wete higher, 2771 iewer 247 unchanged.

Swift & Co. Texas Co. Textron ine.

Tide Waler A, Dil Time Inc.

Twentieth Century Fox Film Union Carbide Union Oll of Cal.

Unton Pace Railway

United Aircraft

United Gas Corp,

3314. U.. Toll "D" BIG U.S. Gypsum 11 U.S. Line Co.

30.8. Rubber

U.9. Smelling V.3. Steel

HONGKONG

STOCK EXCHANGE

Our Own Corrospondent

Business done in the Hongkong Stock Exchange This morning amounted to appro- ximately $301,000. Noon quota- tions and the morning's trans actions:

Shares BANKS HK Bank..

Порета Нецот

8-45 BOO

INSURANCES:

Sales

23 45 650 10 650

200 @ 71

21%

2014

34

62

Union ...

323.

4144xd

Westinghouro Electric Western Union Tel. Co.

637%

TO

231

50%

West Va. Pulp & Paper Woolworth

0 1000

4011

K. Whart..

121

2712

-United Press.

Dock

60%

US PRODUCTION OF

VEHICLES HAS

A GOOD YEAR

New York Stock Exchange The Automobile Manufacturers Association today release complete 1957 car and truck produc- tion figures, showing it was the fourth best year on record and that Chrysler made the largest gain among manufacturers.

bon! volume was $4,830,000.

Exchange American Stock volume was 529.000 shares,

New York Stock Exchange. volume was 2,220,000 shares,

Dow-Jones closing averages

were:

20 rails. 13 utilities

ship with tar great fleler cy that possible with a surface ship, which must In rough weather next extremely va.i-

From the Caribbeans area to able conditions. Obviously It Britain or the Content, rates industrinis would be impossible to consider remained at around Scale minus the use of

suben ring tanker 321 per cent, while Caribbeans type of "zubmarine to the United States north- other cargo ship unless nuclear power | castern parts rates continued to were available, since any power | register a slight improvement at source used for its propulsion | U.S.M.C. minus 55 per cent, must be of a type which would

Dr

not required for 1 operation.

A-POWER SURFACE SHIP LAUNCHED

London.

The Soviet atomic-powered ice-breaker Lenin has been launched at Lenin- grad. This ship, of 25,000 gross tons, in the first nuclear powered surface ship to be launched in the world.

The Lenin, whose teel was lal 1956, is due for coin. pletion next year. It will have peed of about 18 knots and

FUTURE OF

BRITISH SHIPPING

London.

347.79

103.23

03 stucks...

160.48

40 bonde...

63.00

Comm. future price index

107.30

Closing Prices

Allied Chemicat

Allled Mis Inc.

Allis Chalmers

An, Brake Shoe American Airline American Cable

Corp. Amerien Cyahamid Co Ainer. & Furgn, Power An. Goy & Electric Ain. Mach. & Fary. Americar. Melat American Smelting Am. Sugar Ref. .... American Tel & Tel American Tob. "2" Anaconda Copper Armco Steel- Armour

The conditions which led to the vast size of the Bri. tish mercantile marine over the past 80 years had gone, said Sir Donald Anderson, a deputy chair- man of Peninsular and Oriental Steam Naviga- Benguet Cos tion Company, in London recently.

"Our

had grandfathers enormous advantages, but they Str have disappeared," added Donald, who was addressing a

a cargo capacity of 10,000 tons. meeting of the London Accommodation for passengers | District

Society

will also be provided. Li has Accountants. an overall length of about 50D feet and a beam of 85 feet,

Renelor

and

of Chartered

"They had coal exports, grain imports and enormous migrn- They were årst

furnaces barning on traffe.

granium and producing 42,000 with the Industrial revolution,

• shaft horsepower will! drive and these things have gone.

the versel. Part of the power

will be used to produce stearn FACTORS

to melt the lee altead of the

vessel.

ole

It has

"Our futuro depends on three

main factors, First of all tho

Russia is also known to be burden of taxation compared building a number of atomic-

with that suffered by any other powered submarines.

can be Ang under which ships recently been revealet that all operated. Secondly, the growth

nuclear- of flag discrimination,

also countries Is

discriminate in favour of the carriage of goods under their own flag, and more and more they are doing that.

least

further powered lee-breaker under construction.

Although few details of the reactor furnace units have been are understood released, they

to be of the water-cooled type.

DUTCH PORT

FOR EUROPE

new

Rotterdam.

when

"More and more shippers find it difficult to get export licèncer unless the ship is sailing under their national Bag, That t source of anxiety which seems likely to get worse rather than better.

The third factor," declared Sir Donald, "is our own efforts and how successful they can be. We have the expertise and ex- inperience built up by our fore

vers, which are of enormous value to long as we realise that

y aren't going to carry u

we have now tough unless

A ourselves."

The Cily of Rotterdam. Holland, has started work on a double-purpose harbour which will help serve the needs of the Common Marke in Europe. The harbour will have facilities both for ocean-going vessels and for river ship ply- ing up and down the Rhine.

The harbour is being

COIL-

on the west structed

of the at the Island of Rozenburg, mouth of the Rhine. It will serve ships of up to 65,000 tons. Including tankers. The harbour for river ships will have direct connection with the sea.

no

FREIGHT MARKET

New York.

A fair amount of business was arranged in the North American train trade in the past week, with the lower rate of 0.59 dollars paid for cargoes from the

The dock area will contain a Gulf of Mexico to, Antwerp-

big American warehouse enter Hamburg range.

prise for coal

and iron ore,

several o company Install-

Atlas Cuns. Mining Baldwin-mo-Krm, Baltimore & Ohto Beneficial Finance Bendix Aviation Corp.

Boeing Airplane

1511

Nadio

NEW YORK

COTTON

MARKET

Now York, Jan. 7. 30 Cotton futures rollied today aftor a shaky start in a moderately active deal- ing.

3D1%

27

180

774%

Pho

Initial losses up to 65 cents a 45% belo were converted into act 123 gains of $1 a bale before

market met fresh resistance in

of hedging and 251% the form

realising.

10

19

49

1

Bethlehem Steel

38+

41

Bordo (The) Co.

$1

Burroughs Add Machine

Canadian Pacile A.

Campbell Soup Co.

301%

23

Case 3, 1.) Co.

15

Cat. Tractor

13%

Celanese Corp.

C. I. T. Finance Corp.

Chrysler Motore

Cluett Ieabody Culgate-Palmolive Co. Colombian Carbon Co. Commercial Credit: Consolidated Edison Continental Oil of Del. Crown Zellerbach Diamond Alkali Diamond Match Co. Dotigio Aircraft Dow Chemicala Eisiera Airline Earlman Kodak

El Paso National Gas Family Finance Cory, Firestone Tyre & Hubber

Ford Motor

General Electric

At the close the list ruled up 7 to 13 points, The market opened off 2 to 6 points, New Orlems closed up 8 points.

Mid-session upturns coincided with House spouker, Rayburn's for no big cuts in prediction Bahon-military spending pro

plus a mill and ex- greenmes 57 porter replacement demand.

401

CAUTIOUS

Some traders favoured ca

President's uon pending the massage to Congress on Thurs-

731 day and commencement . of

Congressional hearings on new 32 fara legislation.

273%

241

02

Д

reflected Initial declines continuation of Monday's late ayselling movement and a colnet- ez dent pause in the trade demand. Some selling was coupled with anticipated purchases out of the

Loinbard.. HILIPPING

Wheefuck

DOCKS, ETC.

Provident

Provident

LANO, ETC.

11.00 1.70

Hotel 34.00 iCK Land ..

NUDDER

Anag

Trust

A. Tawal

UTILITIES Tram Yaumali

Te INDUSTRIALS cement

100 uF 30

0.43

SECTION

NEW LICENSING · LAWS

MAY AFFECT

AFFECT BRITISH

TRADE WITH N. ZEALAND

London, Jan. 7. Great Britain's wide range of exports to New Zealand may be affected by the announcement of the New Zealand Prime Minister, Mr Walter Nash, that all imports into the country are to be subject to licensing.

A Board of Trade spokesman told a PA reporter that Britain had been sending New Zealand goods ranging from carpets and whiskey to cloth and heavy Iractth.ery.

The Ust includes, paper and paper bourd, wool and worsted ans. cotton and synthetic

yarns, textiles, iron and steci, 100 @ $144 | Electrical and telephone ap

paratus and cars and comuner- cial vehicles.

125 10.30

A spokesman of the British

& Allied Manufac 13 10000 14.90] Electrical

2002, turers' Association, which Sens 100% New Zealand generaling equip- ment, electrical mach. ery kha 1.27 1.325 25000 m 130

10000 1.30 domestic appliances, said "un 10000 1.30 we know more detalls of wint 120 1.278 10000 → 1275) the quotas are, it is difficult to say what the effect of the de- 23-2320 18000 23.10 cou will be." 10 10

1.35

netwa

1000

10.90 inn

..WIL

34

He thought that the main brant would probably be borne by consumer goods, and palmei 36526.70

that such artic.es 32 20 10 54 20 70 washing machines are already 100 20.10 on licence in New Zealand,

A spokesman of the Society 5.00 of Motor Mufacturer, stated in London; "New Zealand is in- variably within the 10 leading for British export markets motor cars and usually within the first half dozcu."

C. Light

Detroit, Jan. 7.

Electric

2015 20.00

Macao E.

10.20

25.00 25.20 1000

STORES, ETC. Da Ty

Witon COTTONS

1

Nanyang

MISCELLANEOUS

10.30 17.70

415 5.40

13.00

B.25

4.80

Only General Motors Corp. Studebaker-Packard Corp, nd

1937 cars la produced fewer then in 1956. Chrysler produced about 350,000 more cars, Ford Motor Co. 220,000 more, American Motors Corp. nearly 10,000 more.

DOWN

Textile

Vibro

INVESTMENTS Yangtze Allied Sikelantan... Sungals XD 12

20

1030 @ 10.30

He told a reporter that during the Arst 11 months of 1957. 30.248 cars and 7,000 commer- 100 B.26 10003615 clut vehicles were sent there. 0000 à 78

This compared with 28,515 cars and 7,760 commercial vähicles In the full 12 months of 1950.-

China Mall Special.

NEW YORK

RUBBER

MARKET

London Foreign

Exchange

London, Jan. 7. Closing rates were! New York

General Motors pussenger car building wrs down by 240,000 And Studebaker-Packard by bout 23,500. Checker Cab, the only other U.S. builder, pro- duced 99 fewer units.

While car production 1otalled

o'gainst 5,808,756 i 6,119,307 1960

the and trailing only

New York, Jan. 7. year's 1950, 1953 and 1955, truck production

below Rex rubber futures today Copenhagen Was 1950.

closed 15 to 20 points an lower with sales of 17 contracts.

There were 1,005,425 truck built last year, compared to 1,- 107,780 in 1950. Ford 40,000

wpunt

more trucks, Willy's 11 000 more, White-Reo about 800 more and Diamond nearly 800 more, but all others pro- duced fewer units.

Amsterdam

Bruseoki

Frankfurt

Oilo

Stockholm Zurich

May:

Jan: 28.30; Mar: 28.43; 23.65; July: 23.45: Sept; 29.45; Nov:: 20.45; Jan: 23.45.

Standard contract

reported,

closed 15

The total car-truck producto 20 points lower with no sales tion, also fourth best, was 7.- 218,702 compared

to 6,938,753 in 1956.-United Press.

New York Sugar Market

New York, Jan. 7. World No. 4 sugar futures today closed 2 points higher to 5 points lower with sales of 478 con-

Y tracts.

The domestle No. 6 contract closed unchanged with sales of 83 contracts.

21 govermanent stock, on which

bids were opened yesterday. Tho certificated stock

Warid contracts Airmed after mained at 25,424 bales.

a shaky opening, moving up market The Liverpool market closed with the higher raw

General Fooda General Motors

Gen. Pub, UNI, Gelty Oll

Glidden Co,.

Goodrich (B. F.) Co.

Goodyear Tyre

Guit on

106

Heyden Newport Cory.

12

Ingersoll-Hand

Interchamical Corp.

Inland Steel. Cy.

Int Business Machines

Int'l Harvester

International Nickel

International Paper Int'l Tel & Tel

John-Manville C

Kars C. Power & Light"

Honnecott Copper

Lockheed Almirart

Loews Incatp.....

ze-

Jan: 28.30: Mar: 28.30; May: 23.45; July: 23.45: Sept: 28.45; Nov.) 23.48.

2.30-15/16-2.01 2.7836-2.78 10.6016-10.0914 139.77--19.00 10.34-1930

11.70-1.70

11753-1170 14.30-14 50%

12.22545-1223TI -United Prost."

į

Eccles' Plan For "Merger" Praised

London, Jan. 7: The Financial Times/ de-

votea R lender to the speech in San Francisco on Friday in which Sir David Eccles, the Presi dent of Britain's Board of ..

kind Trade called for a of "economic morger" be- tween the United States, the British Common- wealth and Western Europe.

The Financial Times describes the speech as "remarkable" and

"These Eves on to comment: are imaginative and intelligent proposals."

Unlied Since the war, the Stales had proferrod aid to trade-with very disappointing results as Mr George Keenan had pointed out,

American tariffs mood in tho way of those who would prefer to trade with the West rather than the East. This could not be reversed quickly. In the meantime, the mare Europe and the Commonwealth were or guaised tho more power they would have to persuade tho Untied States to join general scheme of integration,

The article concludes "in a shrinking world such a grund merger must come in the end. if we are to survive-or surviva in freedom." Special.

China Mull

New York Foreign SINGAPORE

Exchange

New York, Jan. 7. Closing rates were: Catioda England official

STOCKS

Brokers

Singapore, Jan. 8. today quoted following stock prices:

Wetong Rubber

the

1.01

unofficial 30-days 30-day

7.811 2.67-2.60 2.0012 21.781

Opening

Co.

Australia y

225 1.80

Brita Baru Petroleum

2017

100

2110

Faser & Neave LO

Prices drifted lower in small market. All participants were satisfed to mark me pending new Incentives. Mau New Zealand facturers buying interest w&F South Africa practically non-existent, deplers Argentina

India sald, pointing up culback in nu- tomobile production and a re- sultant contraction in the de-

mand for tyre equipement.

Shipment business wts

neglected. Spot No. 1 Has was quoted at 28% cents, nominal

SINGAPORE

Pakistan

United Press.

New York Metal Futures

New York, Jan. 7. Prices of metal futures closed today in cents per lb. as follows: Lead: Jan, 11.lob: Feb, unquoted. Zinet Jan. 8376; Feb., unqueled.

21.66b; Copper Jan.. re-unquered.

ONL

by

The market opened higher on improved oversess advices and thereafter stendied further

induced covering short United Kingdom Treasury which construed signation possible bull factor,

There was better interest than understood China of late for lower sheets includ-

off to 10 points on the old where more inquiries were re- 'contract and of 3 to 10 points | ported.

Dealers the American type new contract.

ته

was seeking more cargoes of ing some covering for China, Volume Open interest | Brazilian raws and that Egypt Pulures:

13,900 $28,700

6,600 *0,100 124,400 1.081,300 bales

305

on

30

111 Month

March

May

23,706

2317,300

3:31

July

£2,100

315,500

815

Oct.

£5,700

171,300

4

Doc.

10/400

04,200

1476 Mor

7,000

11.200

Tota

(Am

2014

30%

today us follows:

3144

Spot

401

Mar

National Lead

National Sicel Corp

MAY July Ort.

New York Central

15

Mar.

Norfolk & Western By,

May

Olin Mathieson .... Olia

NEW ORLEANS

| Lone Star Cement Co.

Lowenstein & Sons

Aircraft McDonnell

Stock Exge.) .... Mesat Iron Corp. Minnesota Mining Mimon Development Montgomery Ward Motorola Inc. .... National Cash Beg. "K"

Owen-Tore .....

Cilome

Oxford Paper Ca

NEW YORK

Prices of cotton futures closed

33.451

33.00

30.02

39.00

33.15

50.00

3490

Prices of colton futures closed

27

today as follows:

Pazific Gas de Moc.

Spat

Pan American Airways

13

Paramount Picturco

MAY

Parke Davin Co.

July

Penny JC. Da

Det.

Dec.

Mar.

MAY

Pann, Fall Co.

Philip Muria vaja

Procter & Gamble Co.

Pittsburgh Plate Glass

Publieker Industrica

Pure Oil.....**

|

Radio Corporation

Radio Corp. Pref.

Republic Ster

Heynolds Melai

Sem, Rosbuck & Co.

Bhel ou co....

Heavy grain was also fixed

Saint Reg. Paper

to

Bocony Mobinil

Buns, and a repair dock for from prl#sh Columbia

big ships. A dock 21⁄2 miles long | Antwerp-Hamburg range at 0.75

le being constructed with many dollars, while lumber was ar piers.

ronged from the same area to Britain at 63/00

It will run beside à canal. which is being tug through the Other

Sinclair Vit" *

Solar Aircraft

South Puerto Rico Bujar Bouthern Co. (The)

Bouthern National Gas Bouthern Railway (ComTI.) Standard Brande

business Included Rangerd 01 02

Island. consesikig the new pori | heavy grain from the River with the harbour of Rotterdam. Plato

to

Standard Oft of Ind. Binard II of NJ.

Antwerp-Hamburg | steep Rock froronto Exg4.)

The cost of the project, which range at 82/0d, and coal from BAVI Camp will be completed within three Hampton Roads to Japan at 10

or four years, la Es miltigne, dollara's ten,

Atudebaker Packard Corp. Bunglekha "MARGIN

LIVERPOOL

will ask tendern on Jan. 22 for No. 1 rubber per lb. Jan. 136-03

Feb. 83-821. 65,000 tons, with shipment to

No. I rubber per s. J. begin in March at the rate of No, 3

No. 10.000 tons a month.

Spot rubber unbaled Market crepe

Contract No. (world): March, 2.76: May, 3.70; July, 3.77; bept., 3.743 Oct. 333 March, 303. Mar, 352 Spot-cents per ib. fob Cuba), 3.75.

Open interest: 0, contracts. Contract No. 6 (domestic): March, 5.61; May, 507: July, 5.73: Sept., 5.70: Nov., 2; Spot--(cents per ib. if NY ex-duty), 505,

Open interest: 1,360 contracts/ United Press.

London Metal

Prices

London, Jan. 7.

1 pale crepe'

LONDON

2014-1024

24-15

815-62

The rubber market was dull with spot quoted at 23-10/19 pence per 16. Prices:

No. 1 Has pot

Settaiment house term:

Fob.

Apr/June

July/Sept.

Delito.

Jan.

Job. blár.

General markola, elf hauls, ports:

Prices of metals closed today Estate erepe thin Jau

in sterling per long ton as fol- Iowa:

8-month

thick Feb. AMSTERDAM

Feb.

Eln: Jan, 01.76b: Feb., unqusted.- United Press,

nelcale 437-

Ord...........

Tin Smeltara

20/04

Lld Ord... $2.00 Priser & Neave 7% cum.

$4.08 Gadan, (Malaya) Limited $2.3234 Hongkong

Banking Corp

New Berandan Rubber

"Ltd.

Shanglini

$450

Hongkong TIM Ibit.

Kumpas Ltd.

$31.05

Kuala Kampar Tin

Szrod

Zinst Rubber Estates LA 31.05

Malayan Browarins.

$3.4214

33.55

.....

$3.4234

1260.

$094

$1.222

$16.20

$1.50

3074

call-China Mall Special.

Petaling Tis Lid.

Raffles Hotel Singapore Cold Storage Trading

Atsits Bieamship

Taginents Ord,

Thaite rod.

SHIP

BENOLINE

POPULAR

PUBLICATIONS

Chinese Croods & Customs Vol 1

2374-24

$18.00

21-24)+

Chinese Creads & Customs Vol. II

18.00

24-27

Baby Book

25.00

217-20%

This is Hong Kong,

8.50

Hongkong Birds (Herklots)

35.00

Coronation Glory

7.50

King George VI

7.50

It's Fun Finding Out - 2nd serios

(Bernard Wicksteed)

5.00

Expross Annual (1956 & 1957)

10.00

4.50

1.00

3.00

12.00

4.00

1.50

1:50

30

.30

.30

The rubber market was rull. Rupert Annual Prices closed today in guilders Rupert Magasines

35.81

36.00

23.04

35.11

34.05

34.30

14.76

14.70

Tin os

Burets Sellerя 7305 731

712

Copper spot

1763

25.56: 20.03:

3-month Lead 1st Ful

161

731

Jaws:

Apt Zing lut half Jan,

1224

No. 1 rubber

Apr

No. 2 rubber

No, a rubber

No. 1 rope.

Colton futuro closings, in pence

per lb. weré ng follows:

Üld contract? Mar/Apr., May/June, 20.79; Jony/Aug..

| Oct/Nov%, 2020; Deolian., 2007,

New contract: MST/ADE.. 17.015 May/June, 97.70: 7017/AN DAY NOW 27.00: Don 1.75,

BAO TAYLO

Cotton future closings, in

בל

cruzeiros per kilo warp to Exchange Rates

lows:

Jan. 42,00; Mạr., KL30; May, 42:30;

July, 41.301 Oct., 41.30] Deo., 4250.

In the United States, the

per kilogram, cif Jan. as fol- Collection Builder Stamp Albums

Dalmoral Stamp Albums

1.50 6. All Nations Stamp Albums

2. nom.

United Press.

1.21 nom. Ten Points About Pearls. 1.50. nom.

Points on Judging Indo. Outline Relief Map of China

Asia

NAMESAKES

Busines was done in the local thia market upatitela)

2 Anwar-1 Quandary, morning at the following extra:*,

687 Amorous, 15.49 Hexanoters,

average price of one-inch colton | Uan, dollar (per:31||

at 14 designated apoi markets

was M88 cents.

Total sales at these markets

Sterling nota (price. d:1) Australian notsu (pm #1).. Indonesian rupias (az) (66) Bic (197 100) LE

|were 15,500 balos-United Prem. | Singapore" (straits)

3 Carthage,

6 Aonens, 1 Derpair, 7 Vingil, 8 Devotion, 33.40

Romance,

10

Queen Dido

+

51

5.E. Axis

On Sale At

SOUTH CHINA MORNING POST. LTD.

HONGKONG

KOWLOON