1959-06-16 — Page 9

Page

RANSPORTATION

NEW NERVE CENTRE FOR

PORT OF

THE

* THE CHINA MAIL, TUESDAY, JUNE 16, 1959,

Canadians Want Trade Export Protection From

Figures

Asian Goods Cheer London

Ottawa, June 15.

The

Far

Industrial Average

Down In New York

New York, June 15.......... Weakness in Du Pont wluch lost four points and declines of a point or

Canada's kititting industry today asked the Tarin publication of Britain's more in Johna-Manville, International Paper und TeXDEO BEGUɣNE the

Board to give it increased protection agälist low cost imports mainly from Asla.

OF LONDON HONGKONG

THE now "nerve contre" of the Thames Navigation Servico sot up by the Polf of London Authority, Has come into full operation at Giavesend,

The service funcilons from a mi new buliding bulit at a cost of

about £80,000. The

hensive

VHF

compre. frequency-

Douglas

Announces

modulated radlo telephone A. New Medium Jet

Che

system operated from centre will provide ships filled

Paris, June 15:

information on berthing and all Douglas Alicraft Com necessary complementary navi-pany announced today gational data, including the st the Paris air show that I

state

STOCK

EXCHANGE

Oui Own Correspondent.

London; June 15,

facord” truda's exporta.

· Ekscled the itsék markari 10day and Industrialk – In particular Wáro fittal Himar with the prospects of the farter expansion of industry.

The request

was made in 118-page brief presented to the

Ellowhere, Board on behalf of the industry

the however, by thu Primary Texilies matkäis wero qulet but nem. Insillute.

It was read

Glit-edged maintained a firm by Mr Ralph Preagravo, Vice-President fana and were often 25 3d to of Yure Knitting Mills Limited,248d better. Greek bonds lost

stock's ground. Dollar mixed,

Toronto.

Biel

werd

quiet Insurances were mainly

Modost Increase Danking shares were

|

f

swift

415 | Tuxar Co

···Industrial äverage down on the stock market today. Ralitose ties had several Publik Industise gainers; notably Unith Pacifle PO ...... and Rock Island up early anython'

Radio Carporsitan point each. Atlantic Coast Lirie Regubile Steel lost dicatly a polik. Uillies eroalds Metal moved irregularly,

Steal and auto issues ruled steady to firm. With prion changes rattone.

Royal Bank of Canadia Sears Roebuck & Co. Shell Oil Co.....

Bateway Stores

saint leg. Esper

Betantay Inc.

Ecott Paper

an Hair Oil

The market closed on

Bocony Mobil "Oil irregular note with trading Smith, Cline Trench | light. The list frled for a time Bohr Aircraft

to move ahead but was unsettled Bouth Puerto Itica:

Super by a weakening in plywood Southern Co. (The)

Southe National Čas And соррет

Issues. Toward Southern Railway Com.). closing some support was noted standard Brands In the leading issues where Biandard Dil of Cal

nail guins were recorded in nevtral

Thic brief

proposed a

market in industriai "modes?" increase in duties on

cheerful all types of knitted goods and equities presented a febrics to give the Canadian in-appearance but most movements were small. There were, how- dustry

New Low a reasonable chance to ve and prosper.

ever, severnt notable features, Vattrie were marked up sharply

American Telephone stood following news of an abortive | out in volume and met some bid by Arusha Industries.

Business done on the Hong.

Stock Exchange This It said the Industry is now kong morning amounted to approxi-being undermined by low-cost of the tide, position of will place on the market tiens and the morning's runs Far East.

nately $761,000. Noon quota-imports produce mainly In the obstacles and weather conditions now four-motor éivilian actions: throughout the course of the

transport jet, the DC-9, do- waterway.

To reduce the delay enused to signed to operate over short shipping by fog, a Decca high and modium distances. definition shore radur sel hus been installed with its Also Runner the roof of the

on

building.

RADAR DISPLAY

HANKS

This is the sixth In a series sales of Tariff Board hoarings started In November 1957 after the Finance Minister, Mr Donald Fleming, ordered n review of more than 100 tariff items covering Д wide variety of lexilles and clothing.

ATO

2015

1.00

DI 437

11.20

520-260 500.00 15.35100034

Airaten

uyers Reglare

tanke. 102.5 INSURANCES The plane, which could be Union... celivered in 1903, puis a com- Lombard petitor into the short su mid- SPRING

Whicclock ale-range Jet neid,

tar. Whert. occupied -only by France's Dock

11,00 11.00 Caravelle jet airliner. But the Provident

Tu Ino LAND, ETC. Douglas offer was good only on

that the company bk Bôtel. 20.80 condition receives orders for 75 to 100 of! the new C-9 craft.

Another American firm, there Lockheed company, proposed Resily

RUKBER Italian and

Amaig. that the French,

aircraft Industries German

version Trant construct a European

cargo of the C-130 Hrailca

talks had Sungla plane. Preliminary an overall picture of the volune rought out the fact that the UTILITIES and density of shipplag and can plane was rulted to the plans

Vessels. advise in ward

for of European millary head-

and the Hercules, Light 7 175 27.60 1000 example, whether suitable an-quarters,

could be bullt under chornges are available above which Gravesend or whether they licence in Europe, has already ↑ Firetriz should wait below the reoch, been in use by the American

This provides the operallons room with a continuous ador display of Gravesend Beach and, in addition, harbour ger vice launches are fitted with radar

can transmit by ยางป radio to the operations room Information about areas outside the Gravesend rudar coverage, The duty officer in the opera tions room, therefore, will have

A further source of informa- Air Force for three years and flon will be provided by a fog thus had been fully proved. detector and visibility measure-

The offer. howryer, FLING

D

Trumm

Yameet

י.

1,51

1.025 1.00 10,000

2.378

2.45

245 11,000 61

2.60

2,300 v 2.40

#

DEVO 17

2.06

2.44

20 20.10

5:00 100

1500

109 147

The brief sold that unless the Industry receives “adequate" protection it

could be quickly destroyed by imports of foreign of any actual goods regardices. or potential degree of efficiency within the industry.

Proposal

The brief proposes that the 20.10

Ave existing Kalt Good tarin 28.10 liems be'recured to two rover- zing knitted garments, fabrics

17.00 and goods, and kaliled socks, 13.00 stockings, gloves, mitts 213 21.40 1100 e 21.30 headwear including berota,

2000 (7 213) 510 of 2723

Telephone

28.30 2015

730 1

850

500

Lo French-German | INDUSTINALS known 02 Transali Cemon!

ment device, Transmission of counter this Information will be co-project ordinated with transmission of cargo-AFP. data about the state of the tides.

Experiments are still going on

Dairy

with the system, which would Sydney Docks For Sale Wav

Rutomatically present visibility

and

tidal informallon direct

and

that

670 27.30 The industry proposes

20.40 the British preferential tariff un 23.40

knitted fabrics used for the 23.40

manufacture in Canada of 17, 13 ber footwear be 'doubled to 20 per cent but that it be not ess than 30 cents a pound. It seeks Increased protection this

34 32 2600 6

DCO N 33 200 10.10 10.20 10310.20 1000+ 16.25 13.7 14.10

Watron

Kwong

. I USTRALIAN interests are

COTTONS

4.95 trying to negotiate the sale | Texilies in the operations room by means

Мапутур, links with in Britain or Germany of two coded radio

xb 0.20 dockyards with ancillary - MISCELLANEOUS tide Cauges visibility recorders.

gineering plant, covering 50 INVESTMENTS

waterfront of vores of the Sydney, New South Wales.

Either dockyard or both aro available for sale.

of remole

FULL USE

With

this

service now

and

comprehensive available, it rests with ships using the Port of

int, inycal.

5:15

Exchange Rates

Bualness was done In the Loca

market

Ma

unofficial exchange

U.S. dördars (ppr $1}

The properties, it is said, are worth about £2,000,000, at the London to make full use of it. latest valuation and they In This means that they must be clude the Balmain and Wool-mag at the following extes: equipped with V.H.F. frequency with dockyards which havo Sterling notes" (per modulated radio equipment. operated under the name of Australian noun (per

Lalonesian rupiah) (per. 160)..... So for about 150 ships, or 10 Mort's Dock and Englacering sins cals for 100) per cont of the ships using the Company.

Singapore (Stratis) Port of London have this equip→' rent.

Dutch Yard Wins

U.K. Liner Contract

A

DUTCH shipyard hos wòn a valuablà contract from Royal Mail Lines to carry out on extensive refit of the 26,000 gross tong liner Andes.

The Flushing yard Koninklijke Mij. De

OL N.V. Schelde

Yesterday's Closing

li

cause it cunnot compete with Far Eastern supplies, mainly in Hongkong in the manufacture of this material.

The most favoured – nation tariff would be increased to 35 per cent from 20, but not less than 50 cents a pound, and the general tariff to 49 per cent from 25, plus 30 cents a pound, but not less than 60 cents a pound.

The brief proposes no increase an dutles on knitted garments, However 8.4 fabrics and goods.

16.39 boosts are proposed for knilied £2.50 rocks and stockings, gloves, mitis various other articles.- 20.75 und

101 Reuter.

330

COMMODITY PRICES

SUGAR

Deflon. Zfor/Apr. May/June July/Aug.

NEW YORK ...Closing prices,

per lb.:

Mixed Contract

July/Aug.

22.23

Oct/Nov.

Dec/Jan.

21.50

NEW YORK

Mar/Apr.

All prices in pence per

May/June

will air-condition all passenger cobine and puble rooms and will rebuild part of the püsten- ger accommodation to that every cabin in the ship will have à private bath or shower with Tollet Facilities.

July/Aug.

Contract No. 4° (world)

SAO PAULO

Lend

July

July

Sept.

Sept.

All prices inquoted._

Joft.

Mar

Average price in U.S. at 14' de- sixnated apat mærkets: 34.51 conts. Total males: 6.403 baler-UPI.

Zibc

SCUL

Copper

May

July

Sept.

Why

Sept

3.00

Tis

Spot-lab. Cuba)

2.30

Open interest: 8,10 contracte.

July Sept.

Contract No. 0 (domestic)

Juls Sept.

$.14

Nov.

1.86

NEW YORK

Mor.

5.00

Rex rubber

futures closing upon session: priebs_nil in cente ver ib.:.

interest: 4,201 contracta

Nevi

Spot

--month

Copper

ban

north

-4669

RUBBER

all in conta

LONDON

11.21b

10.54

10.70b

20.13-14b

20,50-832

101.01

101 BOD

Steal. Shares

new

support after touching a low at $77% off 15% points. Boeing Airplant was active and aled hit a now low froin which sicet shares

strong. It Wero

inet modernie support. The Industrial favourites of Georgia Pucile in the plywoode

and Amérienn

Continental Icet as much as 83 points, bo investors, Unilever, Metal foro suppbet dévoloped and at Box, Brish Oxygen and Tube Its low Us. Plywood was down Investments, were all hidier.

more than two polits Melora moved ühedd sirico Britain's booming export trade is chiefly helped by automobile".||

werd i, dim exports.. Stores sector, Brewerks were strane, towards the close after a quiet The kaffir market hardened.

day.

Whilo Blambrid WETH firm again,

coppersdriflect lower where charged.

Oils moved thi narrow frista.

Itubbers hordenes in places. -UPI.

Closing Prices

tedd blida

British Transport" 3%, 1978/03-^-. COTL

Canol 27-281-7/10. Consol

**

ET-13/10.

Conversion Dom

3.

400-3/10.

Funding

Loan

E831.

Funding

ENT

Funding 4001.

Today's volume was 2,410,000 shares.

of a total 1.180 issues traded, 388 were higher and 50% lower.

American Exchangó volume. was 990,000 shares.

·Bonde, volume amounted to $3,140,000,

Closing Prices

Abitibi Bar.& Paper Alden: Ing. Aty. 1 Algoma Steel Corp. Allied Chemicals Ailled Mills Inc. Allis Chalmer Am Brake Bitbe American Airling Cable American

& Radio Corp. 1500 American Cyanamid Co. Attar. & Foren. Posar 1930/00-A. Oss & Electric

Stock 31%. 1999/2004

Lean, 4%

1989/90

Savings. 1955/80-10/18. Savings 3, 1960/70-411-19716. Savings M

1963/15—276+371

Iranki

Barclay's Bank" tag`ord-bca. Chartered Bank Od. flongkong-2512,

Insurance Union Indurance Canion-E4-

and Motors

British

Tid

Actor Corp.

Ford Motor Co-075,

Brewirita..

"

Ord-1

Dizilers Com20 104.

Building and Materials Amsociated Pertland Cement-GBai Pinchin Johnson Assoctalex Ord -218 10.

Coal, Steel and Engineering Babcock Wilcox Lid-4d 3d.. Vickers Ltd-1374.

Food and Tédiées Brish American Tob, Co., 1.td-- 531 31.

Imperial Tobacco Co., Ltd-57 30.

Piscellaneous

Bettiah Oxygen Lad. Orde 134. Canadian Pacific Rly—$50. Dunlop Rubber Co-18s Dd, Hongkong & China Gas--13: Imperial Chemical-30 10d. Lyons & Co-70s . Vallever Ltd 99% $lád,

Paper

Bowater

Paper Corp Ord- Radio and Electical Associated Electrical-034. Electrical & Musical-323 64. Engils Electric Com2% 64, General Electric 328,

Shipping

Indo-China Steam Nav. Co. 'del

2

EO Steam Navigation def ord

- laud.

Stores

Great Universal.

Stores "A".

• lifes & Spencer Lidots.

Woolworth

10140.

r. w.

Texilies

Courtdüldə. Bid-one 64. Fina

450.

Co-

8planers & Doublers-24

Blinès

Anglo-American Corp of South Africa—191s · 10}%d.

Cona Goldselds of Bouth Africa ---739 0.

Cons. Zine Cora. Ori-05 01.

De Boers def-571 0.

ment-ite 04.

Free State Development &

Han, wong, T-45 1030.

Petaling Tin-ts.

Band-104 Ed.

Arm. Hama Prod.

Am. Machdry, American Melil Am. Natural Clai American Belting Am. Sugar Het.

Merican THEN TH

Tob. Anaconda Copper Armeo Sleei PADROUS

Allas Core, Mining fatdwin Lima-Ham.

Baltimore Olio Haft at Montrel Benefictal, Financ Bendix Aviation Corp. Benguet COAL ME Bethtetfern Steel Booling Airplane Borden The Co, Burroughs Add Machine British Amer. Ø1 Cant. Packing Corp. Cana. B. of Comin. Campbell Soup Co. Canadian Pacie R, Case (J.) Co. Cal Tractor. Firs Celanese

CIT.. Camp, ...

Chase Manhat. Bank Chrysler Midlot

Clunts Peabody Colgate-Palmolive Co. Columbian Carbon Co. Commercial Credit Consolidated Edison Continental Oil of Dej. Crane Co. **** Crown Zelleriaal: Caban Amar, Bugar Diamond Alkali Diamond Cardi Dominion 810 Dow Che

Dupont de Nemours Faster Alrilne Eastman Kodak

Po National Gas Family Finance Corp. Mitestonie Tyre & Rubber First Nat. City Bank Ford Motor Co. of Cans. Ford Motor ..................... terseral Dynamics General eviric General Fooda General Motors Che Pub. UUI.

Tyre & Rubber

Getty Ou

lidden Co Goodrich (2F.) Ca Goodyear Tyre Gemand Kretuli

་*་་་་*་ Maribor Organi conditerdeti Newport Corp. tornestske Mining Co. Hiramar » metre.

Invest-Quitou

Southern Kinta Cone Zid-25%

Unign_Corp-834.

Wess Driefontein Doldrining-133-

Closing prices, all in sterling | 1996 |

per long ton, imofficial after-Wont and Con-25 101.

July: 3 Bept: 33.50; 33.30: San: 53.40; Mar: 33.30; MAY TA 33,18; July: 33.15.

SINGAPORE

All prices in Straits cont Load it half perb. fo.b. Malayan ports: June..

Zinc ist half $415-0414 Klept,

No. 1 June

No. 1 July

Ne. a June

No. 3 June.

056-0016 DO-01

Sept,

Athe

700 7001

790

British Borneo Petroleum Syndi Briti Patroli tu. end on

cate 52

IN D

18. Trading-1518

Royal Dutch, Petroleum Shell Transport

4-Neuter.

Chicago Grain

All prices in cents per bushel:

Wheat No-1; 164

-VPI

Spot

A permanent air-conditioned cinema will also be installed and the already spacious decks of the liner will be extended,

THE PRICE

A spokesman of Royal Mall Libes sold that the question of price had something to do with the contract-being-plated-out- sido Britain.

In addition, however, the company's usual shipbuilders, Harland and Wolf, were 'al-.. ready fully occupied for some Urad ahead on reft and air- conditioning work on Perlhaglar and Oriental Steam, Navigation group liners.

The 20-year-old "Andes is al- ready a well-known eruise liner but, the oko operates on Royal America Mall's Dritain South mall service. After her refit, however, she will be used solely for cruising as a one-class chip. The rent will provide about 500 berths >It completely ala conditioned accommodation,

Norwegian Slump MORE Norwegian Ships aro

naw fold up than at kny time since the current shipping started at AAAA A survey by an Oslo news- paper states that 188 vowels Totaling 1,370,069 tons were zalul up na of April 10. Tika is the of 15 ships and 201,102 tone from March 18.

ઇસ

COTTON

NEW YORK

All prices in cents per Ib.

+ Spot

All pilees in cents per Ib.

May

July

LIVERPOOL

All prices ta pena par Ib. American' Coltelloi

Ku. • June aidiy

Spot rubber unbaled

Bianket erepe

No. 1 pale.cropa

All prices in pence per fb.

Ng. 1 Rus spot ja

Settlement "house term

Oct./Dec.

Jen/blar.

April/June

General markala, cili tasla, paris

AMSTERDAM All prices in duilders, per kilogram; self. JJune:

No. No, rubber

25.19

FOREIGA EXCHANGE

NEW YORK

Closing rates:-

Canada

England official

Asiriralik

New Zealand

LONDON

Closing rates

2.70 1500).

2:47 not.

线

Zurich

•239-13/10

July

Oct.

Dec

May

July

NEW ORLEANS

Suce

July

088869227.

1,49-84

July/Bopt.

92-94

20%-100%

LONDON

Jul

Bepil.

Estate, crepo.thin

July

matalo crybe thick

July

00.25

2744-28

187-185 nom:

Corn No. 2; sditor

May:

Rya

d Powe

|

Imperdel, OM

Ingeniol-fiend

mind Stee, CA,

hermal Coat

2013 Bulan, Machines Fr£1: Harvestar, in Infernalfons Nickel pois paper

John-Konville Co. Kaser Industry Kay & Power & Light Kefeisentt Copper

Kimberly-Clark

Ligott Merers

137 Tulip:

| Litton Ind.

Lookhood: Alterast -

Loews Drp.

Lone atar Cement Co. Lowenstein & Bonni McDermott J, Nay Mebonnell: Atrorali. (Am **Block Ex®, 1-

Mesa Tron Corp. | Minnesota-Mining;

kisten Dévalopmēņi. Monsanto Chemical Co. Montromery Ward Motorola Inc. National discul did.. Nejonai CRIN; THE,

National Dairy Prod. kesi Natione e

National Atest Corp, e

Noranda Mints Lla

| Norfolk & Westom; Ry:

| Norte Amer Aviation

North-west Airilões. (Com.)

Olin; Maintenon.

Peckio: Cas Parentsant

Standard Oil of Ind

Standard Oil of NJ,

Stamp Rock (Toronto Fxge.)

Sterling Drug Co.

Stokely-Van Camp. Stone Webster ... Studebaker-Fatkard Corp. 1 Bushine Midinginka

Co.

Textron HE,,,

619% | Taokai „Emoji.

Tide Wear Adams, Oil". disfruak. Wärtueti

7 Tune Ino......

475 Twentieth Century Fox Film

Union Car'de

16th Union Of of Cal.

491% Union Phelfe Railw

United Algraft

United Frull

United Gas Corp.

301

11

BUT

47% US. TAI "D"

44.9. Gypsum

231

23

US. Rubber.

U.S. Line Co.

US. Smelting

581.3. BINE

10

4015

U.S. Ezeel 7 P.C. IF

0354 Warner Elzon, ................

Waukesha Motore... Wedinghouse Air Brake 10% Westinghouse Electric 123% Western Union Tel. Co. Weet Va. Pulp & Paper [632|| Win6=23}xio Bises Woolworth (K.W.) Zerith. Hladio

65

WANTED

SHIRT MANUFACTURER

Leading West German man's underwear manufacturer with first class sales organisation In West Germany and neighbouring countries seeks business connections with a men's shirt manufacturer in Hong Kong. Would · consider continuous deliveries of goods on a large scale, exchango of experience, participation in the existing enterprise either by capital investment or by supply of modem machinery alteratively would be prepared to take over the business. Advertiser is prepared to come

to Hong Kong for negotiations. Write to:

K.Å. 9980 Westag Werbeagentur, Schildergasse 32-34, Koln Germany.

P.OBIE.A

COMPANIES

PASSENGER/FREIGHT SERVICE

PENINSULAR & ORIENTAL S‚N, CO.

OUTWARD!

"BURAT" "PINJARRA" "CANTON" "SOUDAN" "SOMALI”. *CORFU" "SALSETTE”

HOMEWARDS

"CANTON" "FINJARBA" ± "CORFU "BOMÁLT" -"UARTIÌÁGE! '..

"BUNDA" *

22nd Jund 23rd June

LEAVES UK. Balled 225

Salled 30/5 Salled Vo Salled JOLA Salled 7/0

June 20th 21st June

DUE II.K.

3rd July Dth July 10th July

27th July

LEAVES H.K.-

· 3rd Aug,

DUE LONDON

path July Eth Aug. 6 p.m. 18th July ` 19th Aug 5 p.m. 31st July 1st Sept. A p.m. 18th

Aur. Bist Sept. 8 pm. 29th Aug. - 28th, Sept.

0 p.m. 17th Sept Oct.....

Via B'pore, Penang, Colombo, Bombay, Aden, & Pt. Suid. "PINJARRA". proevés. S'park, Aden, Ps. 24id & Londori, kence to Hamburg RotterAkuE & Antwerp. ***EUNALI" and "BUNDA" omit Colombo and nembay and extend to Hamburg, Hefterdam Astwaip.

BRITISH INDIA S.N. CO., LTD.

"HAYILDAR" due 17th Juno

gas 18th. Juna

"BANGOLA". due 23rd Junk-

from Japan

for Singapore, Penang, Itangoop, Calcutta Chittagong

from Japan. walls 24th June frem S'pore,, Penang,

stahauon & Calcutis

P. & 0./B. L JOINT SERVICE

"OBRA"

"ORDIA"

"OLINDA"

VORNÁ”.

in, Port

from Jepen salia 170k Jung, for Singapore, Honsbay. Katachi, Bubal, Mährein;

Dastal Khorramafir

Que

als 20th June

its via Itom Jaban

Singapore, Penang, Medica Cochin, Don Bar & Karachi

Bae 20th Jun from Karsel. Bombay.

-Evenir-O-Bingapore- salis 29th June 1oz Japan dus 10th Jul tròni · Karách!, Bombay,

Coentit. - Túlcoring Hingspore 'antio 370s July” rar Japan,

EASTERN & AUSTRALIAN S.S, CO., LTD.

iosde 25th June "NÄNKIN”.

walls 90th June terapilitinus, - Sydney, "PATTERN SE Sur for Laurand anders

fourne & digikidu.

Melbourne,

“Ati vewati have liberty, di chi at-kay" portk, on

or și fik route & the fonts as klinga ára sanjata

MACKIANOS MAGETLAH & BA OF HORG FOR LIB.