EUROPEAN COMMON HONGKONG ELECTRONIC ISSUES
MARKET
ANSPORTATION DANGER TO BRITAIN
British Marine Paint Stands 20-Year Test
TWENTY years after being coated
with
By RONALD BOXALL
STOCK EXCHANGE
Our Own Correspondent
IN DEMAND
ON WALL STREET
New York, May 5.
Business done onchange A scramble to buy electronic issues featured the closing
minutes of trading on the Stock Exchange today.
kong Stock
this morning amounted to ap-
quotations and the morning's
London, May 5. "Tho basic problems of European proximately $2,000,000. Noon
economic unity remain as difficult transactions: and as pressing ប៉ុន ever, Mr Shares Buyor Belters: Balet Reginald Maudling, the British. Pay-0426 master General and chief negotiator
843 10 040
10 ป
BLO TU SE 2
200
INSURANCES Union ** Lumbard
13
on European Free Trade matters told East Asia.. his constituents last weekend.
Wheelocks
"There is a danger," he mon Market cannot be extended| SHIPPING warned, that Europe will be to all 17 members of the OEEC divided between six Common ❘ without fundamental revialon, Market countries and the rest. The alternative, he still instels, unless some form of multi- is the free trade area concept.
lateral asscelation between then
can be found."
a British-made non-oxydising pre- servative, sections of a Yugoslav shipingly apparent, lust four months
have been found condition.
The vessel, the 4,420 toms gross Wear-bullt Dubrava ran ground in the Adriatic shortly after being bought in 1957 by the Atlansko Providus of Dubrov- niek. Very extensive repairs had to be carried out as luilf the bottom of the vessel had been completely ripped away.
to be
Common in perfect started business.
after the
London Stocks Quiet And Irregular
ол
London, May 5. was sottiomont day the Stock Exchange and because of the large amount of business tran. acted during the post
The British preservative-made in fact only a short distance Today away from the yard where the versel war bult, at Sunderland, -was originally used in the double bottom tanks, In the fore and after peak tanks and in the bilges etc. Very little remained of the double bottom lanks. however, but the peak lanks and the bilges were afterwards inspected thoroughly and were found to be in perfect condition after almost 20 years of full service.
The owners' Merine Super- intendent and the Lloyds sur- veger were fully agreed that the "old plates were in better con- dition than new ones."
ALL TYPES
NOP has been used in all types of murine and industrial work. In 1934 the Bergen float- ing dock, capable of docking vessels up to 17,000 tons wd was completed and the whole of the internal aven wos coated withi Camrex NOP. The "dvelt was torpedoed and sank off the yard. October, 1044. and lay for
in
The division referred to by Mr_Maudling is already aların-
Market Reports frem Paris speak of more end more French German and Italian Arms combining their marketing and manufacturing resources to capture oversens markets.
Whistling in dark
countries who turned this down,
DOCKS, ETC.
K Whart.
1'rovident Teikod
and LAND, ETC.
He bellevco It is up to the
to make the next move, that in the meantime, the more unky there 19 between the countries who are not members of the Common Market the casier it will be to find a solu- tion.
The trend started mon tha
But Mr Maudling was whistl- before the Common Marketing in the dark when he said, was in existence and has now
"It will not be surprising, how- that British ever, it groups of countries pro- far rone Bo officials are seriously concernentizė, by the example of the ed. In the past year, ane six, should find ways and menna French bank alone has finan- together, of expanding ced so joint enterprises for own trade." marketing and manufacturing purposes. None of the firms Involved had previously at- tacked the export market Besides medium-sized - Arex attacking the export market for
fortnight it was a heary the first time. larger firms ne
sottiomont.
Stock markets, in consequente, became somewhat quieter and prices moved irregularly. There was a certain amount of small poll-taking but selective
and persisted,
curac
de.
sceklag to increase their already considerable exports, and “flreps which hold a virtual menopoly position in their own countries are signing mutual aid pacis.
Vehicle deal
French small anna makers, Manurhin of Strasbourg, HAVE Auto-Union made a deal with
סיוהנן
cf
4:0
a
6.05 7303 (8.25
8000 - 8.00
BOLO & DA
DC 10653 100 #3
841
4385 11.14 11.00 2630 0 11.30 3974 3414 1200 7357% icca 3313
1 Hotel 20.10 20.30 11000 20
1000 kr 20
Melorain ran up more than & Borden (The) Co. points. RCA, wich had re- British Columbia Power
British Amer, O ported record sales and earnings | Burroughs Add Marline
Calit. Packing Corp.
inhell Kasa Co. Canadian Bank of Comin.
fer the first quarter, gained 3: Texas Instruments ran up near ly 7 points. Beckman Instru- | Canadian Pacino it. ments, Huffman Electronics and a 11. 1.) Co.
Cal. Tracker International Business Machines Celane Corp.
rose 2 points or belter.
Some of the chemicals ruled
C. 1. T. Phancial Corp Chase Manhattan Bank
Chrysler Motors
strong, notably Thiekol which | Colgate-Palmolive Co. netled 5 points, Tyres, except Columbles Carbon Co. Goodrich, were strong. Ford Commonwealth Elee,
I was a sirong spot in a narrow
moving auto" list, Douglas Air- craft strengthened lale In the day when the Air Force picked
to design a ballistic
| surface missile.
L
Long List
Commercial Credil
Canalidated dison Continental dif1of Dei.“ Crown Zello;bach Cuban Ainer, Bugar Diamond Alkali Diamond Gard
air-to-Dominion Blores
A long list of special Issues 000 20.20moved up 2 points or more. 1000 vs 2020
American Telephone recovered HK Land. 39% 33% 3094
030 291 Humphrey 14.03 15.20 3900 ve 15′′* Runity...**
1.00 1,624 200000 4 1.00
25000 1.015 4032025
RUBBER Amalg
Trust their Tawatt -- Sungala .... Ile was referring to the re- 6. Kelantan
Britain, UTILITIES cent talks between Sweden. Norway, Denmark, Tram, Austria, Switzerland and
which I wan Portugal, after reported that they were ready Yauirati to go ahead with a pseudo- free trade area, if the six allowed too much Intransi. gence.
It was essential, said Mr Maudling, that nity proposals for an alternative to the free trade ares, should provide for a single free market In Western! Europe. And he was encour- aged to hope that a solution may
2.00 2.03 1000 2.825
5000 2.60 1950 2.023 5000 2.825 5000 2.15
13630 + 2.83 10000 1.10
3305
an early loss. Steels were mix- ed with the leaders study to Arm. Some rails frmed late In the day Oils held steady.
Bell & Howell lost 7 polnía. Today's volume was 3,300,000 states.
Of total 1,245 Iscues traded, 487 were higher and 520 lower, . American Exchange volume was 1,440,000 shares.
Bonds volume amounted to $5,600,000,
Dow-Jones closing averyca
were
as tocka
2.43 2.00
1.10
29.10 29.20
200 + 20
Star Ferry
114
717
37509.13 20 industriels
103
105
33 13
20 rose
15 Uti
2006 107
*200 N 103
C. Light XD 18 19.00
1809. 18.60
Electric ... 20.27 28.30
1900 19.01 210 33.33
1000 .30
1000 38.50
250 je 20.40
500 20.23
Telephone. 20.00 21.00
500 50.70 100 20.627
1709 20,93
1000 20.03
Alis Chalmers
Cement... 29.40 291 3193 - 20.40
be put forward by the fact that INDUSTRIALS three members of the Common Market-Holland, Belgium and
on this and that the Council of Europe voted overwhelmingly In favour of London Ex- pres Service.
Exchange Rates
20.41
101
Dalry
Waloon
3703 23.40
1000 + 10.20 1000
40 bonda
625.393
183.71
31.22
31303
04.05
Coinn. future price index.. 131.3
Closing Prices
Aiden Inc. Acy,
Auktihl Power & Paper ...
Algoma Bleel Corp..... Ailled Chernicals
Ailled Mill ine
Am.. Bike Shoe American Airline
American Cablo & Radio**
Corp.
American Cyanamid Co. Amer. Forge. Power Amer, Natural Gas
Am. Cie & Electric Ar.. Home Prod
American Metal
Douglas Aircraft Dow Chemicala Dupont de Nemours Eastern Airline Eratman Kodak
Paso National_Ger Faniity Finance Corp. Prestone Tyre & Rubber First Net, Cily Bank Ford Motor Co. of Canada
Ford Motor General Dynentl General Electric General Foods
General Motors
Gen. Pub. Util.
Tyre & Rubber Georgia Pweife Gelly Out
CITY LIGHTS
30
"Yvelte, do you wind looking at the Crepe Suzelle a la Threadneedle Street-my nail varnish
Isn't dry
London Exprret Sérvice.
10.30 10.40
555 25
100
10.10
250 10
110
10.30
Am. Mach. Be F'dry.
80%
27
600 14.90 17.30
American Spelling
Ain. Sugar Ref.
Glidden Co
35%
American Tel & Te
2464
Ucedile (B. F.) Co.
4.30 3000 4.00 2500 or 4.00 D.10 8.30
American Tob. "B"
1024
0735
24
MISCELLANEOUS
24
Viure
14.70
L. Craw. 17.30 17.40 5400
COTTONS Textile
Nanyang
11
Gft-edged were disappoint- ing uiter making a promising klart and prices. finished up hi Jower. Baile stocks provided of Dusseldort to build DKW the only feature of foreign meter scooters In France. bonds. Rails were Irregular. Renault, France's biggest Luxembourg-agreed with him), ETC. Losses predominated in dollar molorear manufacturers Alucks.
led up with Alfa-Rom:20 Industrials
were irregular.
Citroen Leading textiles made a good
Italy and
have showing.
agreement with Italy's Lanela. breweries were Charlen Beriblez company of f. There was renewed Givors which produces 80 per buying of hire-purchase Anance cent of all French vertical and shares. Electrical and Musical horizontal boring, grinding and Instruments and Philips Lamps | milling machines, and Schless
Busine was done in the
local. advanced In
Di response to U. S. A. G.
Dusseldor! which unometal exchange market this buying.
makes 70 per cent of all such morning at the following rates:
US Dollars (per 1)
8.72 Gold shures moved erratically machines
Germany have sterling notes iper £11 ไป
INVESTMENTS but starlet moving steadily merged, and directors of each Australian notes (per £1) ... 12.44 Jat. Invat 5.70 four years. submerged. When heud at the cluse in response firm wi! sit
on the other'a
Indonesian rupiahs (per 100).. 3,05 Allied salvaged the steelwork WGO
Bismicals (per 100
K, & TE found to be in a good state of
to U.S. buying and finished oni poard.
Singapore (Straits) firm note, Copper's and the reccm-
were And this is just a beginning. preservation
quietly irregular but tins were The Correon Market, said one missioned dock was also cestod
a genie French expert, has let firm. with NOP.
OUS moved mrrowly and out of a bottle. "We couldn't These are just two of the cloned with
now it A mixed
appear-stop this trend many testimonials regelved by ance.
wanted to," he added. the Sunderland manufacturem,
anyone Rubbers made further head-
It is not likely that will try to stop i After ali. the Common Market was doing formed with the idea of
with
trade national away barriers and giving industries in the the countries concerned. advantages of a single gigantic market." To do this they agreed
the
oventual not only abolition of barriers to the
goods across Porsage of national boundaries, but also on the free emovement of labour, capital and services.
of Camrex NOP (non-oxydising way-URI. preservative), many grades
of
which, each one for a different purpose, huve been developed over the last 50 years.
on over
shipping on vider for British
£
Closing Prices
Giltedged Bonda British Transort
35, 1974/00 m
295.
Console 215-251-40/10. Camrex NOP is now specified Canela 4-£75-7/16.
Conversion 7,000,000 tons of new
Loan
1909-
Funding Lon
1930/00 J03-15/10
Funding Stock 36%, 1990/2004--- Fung Loan 4. 1903/90-
1-1/16.
and foreign owners and has In fact been used on over 100 mil» lion tons of shipping, through- out the work.
SINKS INTO PORES
It is a one-cont preservative and
clean dry sticks to any
~ surface. Il sinks into the pores
Bay 31. 1060/70R
Buvinga 325, 1995/65—CMT.
10/7-470-0/10.
Banks Barclay's Bank "A" Ltd ord-Mu
Chartered Bank-47) 3. Hongkong-£40.
Insuranco „linian. Insuranon, Califup- LIDLIG
Dritiet Molar Com
Ord-10%
we
Given these advantages.
Inevitable that would come to arrangements with their opposite numbers
in other countries within the Common Market la_cut out
temeral and gives & con- Arghatt-aid Bozót teful bumpetition between
plete protection. It is also un- affected by most acids, alkalies, chemical fumes and moisture, es wellbeing perfectly water.
proof.
Turbo-Charged Deltic 18 Diesel
THE
new
Dottie
turbo-charged
18 high-speed diesel engine, made by D. Napler and Sons Ltd, Acton, London, was shown for the first time at the Engineering, Marinë, Welding and Nuclear Energy Exhibition in London. --
The engine is one of a num- ber now being bullt for installa- tion in the "Nasty" class of fust patrol boats ordered by the Real Norweglán Navy. It has a maximum output (for '15 minutes) of 3,100 bhp and a
'P
Ford Motor_Co-631 kl.
Ereweries
Ditllets Com20s.
Ruliding and arterials Astuciated Portland Cement
30.
Pinchin Johnson Areciclator Onl 191 750.
Coki, Stee) and Engineering Babouch & Wilcox Lid-48 Ju.. Vickers Lad-331 41vd,
Food and Tobacco
(the British Arterian. Tub. Co., LACH
Imperial Tobargo Co., Ltd-586 Dt.
atiscellaneous
British Oxygen Ltd. Ord-68m 754d. Canadian Pacific_ B¡y-$50%) Dunlop Rubber Co-791.
bugkang & China Ga-154, Importal Chemical- od Lyons & Co-El Dd.
Unilever Lid-1009.
Paper Buwater Paper Corp Ord-Ga 1150,
Radio and Elentrical Associated Electrical-40% pd.
Jectrical & Musical—57 3d cor. English Electric General Electric-328 2d.
Shipping Indo-China Ben, Nay. Co. der wicked sa
P&O Steam Navigation det end
34.
Stores
Universel Stores "A" "Märks & Spencer Lid=6]», M.
Woolwerk W&CO-IN. 23. Textiler Coats J, A ♬ Lid-də. Courtaulds - Oct.
Mines Anglo-American Corp of South
Cena Goldfields of South Africa
continuous rating of 2,400_bhp | aftico-175% KOY. al crankshaft speeds of 2,100 and 1,500 rpm respectively, torsd
Cone, Zine Corg. Ord-03. De Beers dot-120 34.
them.
Yesterday's Closing
Invest....
Anaconda Copper Armee Steel Armoor
Baldwin-3,Imaellam,
Dalthcare & Ohio
Bank of Montreal
Reneficial Finance
Bendix Aviation Coră.
Benguet Cons.
Bethlehem Steel Being Augilatın
COMMODITY PRICES
FOREIGN EXCHANGE
NEW YORK Claring rates were:
Sanada
England oficial
Argentina
Others unchanged.
LONDON Closing rates were
No. 4 rubber pår id.
May
Spot rubber undated
·Blanket crepe
No. pale crepe.
tic
LONDON
1031-103
10731-100
110-112
100-135
The rubber market was etra-
with spot quoted at 30%
pence per lb. Prices:
No. 1 spl
1.03-21/32 2.61
9128
Bettlement hause Lenn:
June
July/September
Octuber/December
New York
Montreal Frankfurt Milan Zurich
ELA
2.71-11/10-2.71-13/14 11.70-11.7012 374734-17940
12.18-12.1811
3026-309%
3024-3014
30%-31
301-30
Gera markata, elf bosta pietei May, June and July ................. 391-301S
עמיד
That, after all, Is what hap- pens within any economy based or the cepitalist syrum and the Cher unchanged Up diagrams, if soy ng fob law steps in only when such un emalgamation is thought to be ogainst the national
working
interest.
No blame
The danger for British expori- ing interests is obvious. And it had is an ironic thought that Britain been less concerned with forestalling the danger, and more with getting her share of the paritive advantages of any association with the Common. Market, the problems of Euro- pean economic unity might not be so difficult and pressing as Mr Maudling finds them now.
Britain could not be
blamed
RUBBER
Rex
NEW YORK ·· rubber futures today closed 50 to 70 points higher with sales of 152 contracts.
Closing prices:
May
July
Kapt.
Nov.
Jath
37.00* 37.18
50.49
30.30
Mar
Speculative buying and cover-
COTTON
NEW YORK
Closing prices were:
Spot: 33.25 nom May: 38.60: July: 34.90; Oct: 32.10 Dec: 31.05; Mar: 3.93 May: 33.11, Judy: 32.5: Det: 31.05.
NEW ORLEANS
Closing rates were;
Spot: 3.60; May: 30.30; July: 34.94;
LIVERPOOL
Closing prices were:
Goodyear Tyre ..
Grumman Aircraft
Gulf Oil
Harimond Organ
Heyden Newpori Corp. Homeslake Miring Co.
Hukamntoorefrig
Idaho | Jower Imperial 00 Ingerocil-Rand Injana Stoel Co. Intercherries! Corp. Int'l Business Machines Int'l Harvester ............... International Nicket International Paper intel & Tel
Jahn-Manville Co
Kansas C. Power & Light
Kennecol Copper
Kimberly Clark
Lizzes Meyers Tob, Cu. Elly Tulip...... Lockheed Aircraft Loews Incorp................... Lone Star Cement Co. Lowenstein & Sore.
B
SEPE
14
おうち
9545
CANADIAN EAGLE RECOMMENDS
SHELL OFFER
New York, May 5. The board of the Cana- ปllen Eagle Oll Company has decided to recommend ita shareholders to accept an offer for all assots and business from the Royal Dutch Petroleum Company and the Shell Transport And Trading. Campany of Beliain, it was announced today.
The offer would divide Canadian Eagle Kong shareholders 3,071.012 full- paid shares of 20 Nether- landa gulders (about £2) rach of the Royal Dutch Felroicum Company and the
5,050,518 full-paid ardinary Klingen o! each of the Shell Transport and Trading.
Canadian Eagle will be dissolved if holdern
Its share- decide to accept the offor at a special re- eral meeting of the com- pany to be held not later than July 31, 1959-Reu-
ter.
Upward Trend In Swedish Economy
Stockholm. Business trends in
Sweden are apparent ly taking a turn for the better, an indica- tion of this being the latest figures for ex- ports and unemploy- ment and 'the revised forecast for industrial investments In 1959, says the Svenska Han. delsbanken Index in a survey.
February exports were 11 per 99% cent inrger than a year ago and
reached the highest value ever recorded for the second month of the year.
A
40
comparison between the three-month period December 1938-February 1959 shows on Increase In exports of 10 per cent compared with the samo period a year carlier. Although mare favourable shipping, con- ditions following the mild win- ter have contributed to this re- "Rag | sull, It stems
The Hikely that
McDermott J. Tay
McDonnell Aircraft (AM,
Stock Exgo.)..
Minnesota Mining
1401%
Mission Development
2812
Monsanta Chemical Co.
487
Atuntgomery Ward
49
Motorola inc.
National Blacul Co. National Cash Reg. "A" National Dairy Prod. National Lear
B249
19T
B1A5
1232
National Steel Corp. New York Central Noranda Mines Ltd. Norfolk & Western By. North Amer. Aviation" North-west Airlines Olly Mathieson
(Com.),
40
Owen-Illinois Glas Oxford 'Paper Co. Pacific Gas de Elre. Pan American Airways Paramount. Iscures Perhe-Davis Go, 517 PHANY J. C. CI
ZA
投下する
15
HUTT
AMSTERDAM
rubber - market WOB steady. Prices closed in guliders
American Contract
Ju
May/June
21,90
Jawa:
Oct/Nov.
21.59
Penn. Salt Ce.
No, rubber
Deeffan.
21.00
Mar/Apri:
Philip Morris
21.00
Procter & Gamble Co.
Mixed Contract
May/June
22.00
2231 118"
July/Aug
05.60
21.83
21.30
21.35
21,15
No. 2 rubber No. 3 rubber
No. 1 crepe
2.38 paid 2.58 buyers 2.93 buyers 2.10 buyers
U.P.L
SUGAR
NEW YORK
World No 4 sugar futures clored unchanged lower with'sales' of fracts.
Oct/Nov
Mar/April
May/June
BẢO PAULO
All prices unquoted today. In the United Stater, the average price of one-inch cotton at 14 designated spot markets was 34.50 cents.
Total sales were 15,393 bales.
to 6 points
103
Domestic No. 6 sugar futures:
con--UP.I
con-
for withdrawing from the Coming stretched the rally through-closed unchanged to 2 paints | mau Markal negotiations in the out the third straight session higher with anies of 207
Chart readers who recently set tracts. early planning inge. Public
37 cenis as the goal on the ter- have opinion here would, not
Basler trend in the world Integration minat market were lifting their contract was
associated with accepted political
continental Europe, and sights at over 40 cents a pound, the softer tone of the London with
erential part of dealers said.
market, while the 1900 deliveries that wes an
Spot No. 1 Rss was quoted amet an the 'concept.
Indifferent
trade de- Lead But if she could not go in, 383 cents,
mand. In face of light hedge offerings.
she could neither afford to stay
completely outside. The trouble
SINGAPORE
METALS
NEW YORK
Closing prices were;
was that "when Britain proposed The market opened higher on with an operator. a moderate Cupper to link u free trade area to the improved overseas advices and Common Market, she gave the | Armed sharply on reported ·res
on the Continent entry of China into the market.auty Jimpression that she was
concerned more with protecting her own in- At higher levels there was terests," than with joining in a fairly heavy profit-taking and 'condlilms were Liu-gzs move towards a united Europe, rather erratic Cone
France In particular took the experienced,
Free State Development & Invest-
perment-10 101d.
At continuous power, fuel consumption is 0.417 lbs bhp per hour (11834 kg/CV) wilh an all consumption of 9 pints per hour' (8 Uires/r).
The not dry weight of the engine complete with gearbox, mounting foot, exhaust mani- folds, piping, turbo-charger,” når starling valve, and distribution piping. 12,100 lb (8,700 kg.). The - overall length Ii (105 in. (893 am).
7
Lengkong in 4_4148. Pething in 30 370252-10% 435.. Bouthern
Union Corp-300 54, *Wen Driefontein Goldmining-120s *West Rand Consilio.
..
Bush Borneo Petroleum Synd- Battle Petroleum Co., LtdO-EDE. Murmel--80a.
toys Dutch Petroleum-c18-11/10, shill Transport & Trading....iszá
aitijude that if Britain wanted The afternoon session" was to enjoy the economic ad-active and some selling pressure vantages of neociation with the developed, on forwards which Common Market she should pay were not in demand, Futures: the full political price,
No. 1 rubber per 1,›,
3 5 An hår” Maudling polated" out
last weekend, the system of the News rubber per 1b. Trwaty of Rome, the fratrumhent which gave edasi: to the Com, rubber per lb.
100-
Mine
Domestic contracts held slendy
May
July
buyer of 'the July delivery.
May
July
Content No. 4 (world)
Tin
*#7
May
Sept
201
July
Jah
Jule
Bapt
Spot-fcenia, per ib, tob Cube) 1.00 Contact No. 0 (domenilo)
Epct
Copper
July
30.77519
Prey Dowes
Pittsburgh Plato Glam Publicker Indeler
Pure Oil
Radio Corporation Radio Corp. PUL Raytheon Republic Steel Reynolds Metal Royal Bank of Canada Sears Roebuck & Co. Shell Oil Co, art Rea. Paper Schenley Ind. Scott Paper
Sinclair Ol...
Amith, Cline & Frenchi
Beeony Mobil Oil
Bolar Aircraft
"low" for Swedish exports had
already been passed some time
during the third quarter of last year, "Intex says,
Mostafrekhlszámprovement-in-
by
exports 5 accounted for forest products. Timber ship- ments in February wern about double as large in volume as in
for pup the increase was 40 1 per cent. However, the rise in
smaller value was
following Exporis of iron 11 ore, on the other hand, dropped by 20 per cent in volume and
Southern Co. (The)
Southem Railway (Com.)
нез
Siandard Oil of Cal.
Standard Oil of fnd.
Standard Oil of NJ.
Bicep Rock (Toronto Ex.) Sterling Drug Co. Stokely Van Camp. fione & Webster Atudebaker-Packard Corp. Buruhina -Mining Swift & Co. Texas Co.... Textron Ino, Thinkol Cheni.. Time Inc.
Union Carbide Union Olt of Cal. Union Pacific Ballway United Aircraft
United Gas Corp.
100.74b
100. kb
1.8, Foil "B"
U.B. Gypsum
U.S. Line Co.
LONDON Closing prices, all in sterling 3.10
per long ton, were as follows:
Duyar. Sellers FUE THO
2901
0.8. Rubber
U.B. melting
| U.5, Bitel 'Co. of. Canada
U.B. Steal
U.S. Sun) 7. P.C. FF Warner Bros. Lead Waiskonda Motors religi Weringsoume Ale Brakes
Weetinghouse. "Mincirio Western Union, Tel. Ca. West V. Pulp & Paper Winn»Drario Biores ·
Woolworth (HUMAN Zenith RedLa
lower prices.
38 per cent in value.
In
UNEMPLOYMENT
1221-
Unemployment--in percen- Lage of embership ta employment i lusurance funda totalled 2.7 per cent in April as ́against 3.8 per ceni in the same month of 1958. relation to the entire population in the working ages the unemployment figure 12 only about “1, per omit. Parily this improvement is explained by the early arrival of springās, proved by the
for figures
the building Jasustry---but unemployment has also dropped in such o cupations as pro not directly affected by the wasther, Industry's investment also indicate that industry is
plans
| taking a more optimistic view of the busines altuation, » Index
đi maya. While a Swedish Board of
Trade survey in
October Inst.
1 year indented a decline of 2 per *35- cunt in plant and of 46 per cent 179% in a machinery Investments ✨ in 241909, a new survey in April, this, Dokka your points towards an overall 140%-incrbano žni investments of 10 Gal" per cent. This would thean that invost-
etc mente, în 1068 would be repeated 499% | thin. Jamry Xskintry's, applica«) **)|ting for büllding pernillä" and 4%% machinery importa" have been
|lueger this year, which seems to, support talk stawy, Indax staIER.
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