1959-06-24 — Page 9

China Mail 德臣西報 中國郵報 All

Page

THE CHINA MAIL, WEDNESDAY, JUNE 24, 1959.

Macmillan's 'Unique Double

Wall Street May Pay Off HONGKONG

Stocks Meet Late Support

New York, June 23.

Stocks met late support today which brought some good gains into selected industrial issues.

Included Shell Oli Cu....

Safeway Hinres

The late gainers Amirlean Cyonamid, Amurleng Saint Red, Paper Motore, Aluminium, Reynolds | BehúnJoy Inc. Metals, Alcon and American Beat ver Telephone. A number of issues cute up from their lows.

Cyanid

was the real star just before the close, caming fiem no place to rule up more than four points. However, blg loss45 in Owens-Illinois and International Harvesters

:e

the herfriul average.

ulls were the sislurs

of the session. tronles mevest, within a renge. Specialties

hach

Irt

Sinclair Of

#mith, Caine & French Bucury Mob On

Boiur Alrerait... South Puerto Iko Sugar Southern Cu. (Thes Southent National Cas Southem Railway (Com) Standard Brands

Sardard Oll of Cal. Standard Oil of Ind. Standard

Hleep Rock

Sterling Drug Co.

weak

Stokely-Van Comp.

Htone & Weister

J.

Elee-studeaker-Packard Corp.

wide Sunshine Missing

Swift & Co.

gains Texas Co and losses cunning past a point.Textron Inc. Today's voltase was 2,600,000 Tatukai Chenn #hares.

Time in..

30

2231

301

(

From RONALD BOXALL

London, June 23, Britain said the Prime Minister in a weekend speech has pulled

off a “unique double.'

STOCK EXCHANGE

Our Own Correjondent

this

Business done on the Hont- kong Stock Exchange morning attounted to approxi- mately $034,000. Noon quota- tions and the morning's trans- nelluns: Bhares

Buyers Belura DANKS

BOS DOR! 300

"The reserves are stronger," said Mr Macmillan. "Our trading position is more healthy and world con üdence in the pound is very high. Morcover we have never enjoyed 18 months of such price stability at home in the whole of the postwar period. But we have done something more than achieve a stable cost of living. Now we have side by side stable prices and full employment,

Does this meanL

that prore important is the fact that of the economy as printing. In- Britain has arrived at that competition is now much more dred It's possible that if it wear on happy state of affairs which Kerner. Firma have been cutling on long enough a stoppage in prices to make snics-sometimes the printing industry could even has been the objective even selling at a loss to keep hinder the day to day working of successive governments their works going-and anti-of the governifient itself. Only | since the war? Unfortu- price axing

of re- now that it is threatened is the

nativilles

71

HK Bank.. Eart Ass INSURANCES

Lombard .. 3411 SHIPPING Wheelock 555 K. Wharf DOCKS, ETC Dock Provident.. Talkoo

life of a industrial economy 1 fotel | generally recognised.

HK Land

nutely not. For though strictive trade practices court all pervasive role of print in the LAND, ETC. there has been a downward are also having their effect. pressure on prices over recent months the effect of this is not likely to be per- 20manent.

041

Tide Water A Ou

ZH

To-Con. Warrants

| Twentieth Century Fox Fum

RZA

1410

Union U of Cal.

volume

Ürton Puelle Rullway

+ Of a total 1,210 issues traded

300 were bigher and 585 lower.

American Exchange

was 1,100,000 shares.

Bonds volung amounted

$1,890,000.

Closing Prices

Avited Pyr. & Paper

Alien Inc. Acy...

Alguns Steet Corp.

Alle taroleads

Allied Mills ne

Allis Chalmers

Union Carbide

United Frut

United Anera

Unused Gas Corp

U.S. Fall "D"

|18. GypsaTE

US. Le Co.

US. Rubber

S Smidung

US. Sleet..

374

24

324

US Steel 7 PC. P

1303-

Warner Bros

A Drake Shoe

Aberton Airit

Am. Cable & Intro Corp.

Aurrican Gyanend Co

KAT

Amer, Furgn. Pawer

Sra. Fun & Electric

154

201

A. one Praat.

Ar Mach. & Fdry.

Anser kan ietat

A Natural Cus

American Setting

Am. Bugar Ref.

American Tel & Tel America Tob "g"

Ahacundia Copywr Amaco Steel Amour

Atlas Conc. Mining 15aldwin-sa-ban. Halimate & Olio Hank of Montreal Beneficial Finance

Fiendix Aviation Corp

Farget Cush

Bellilebwoy Steel

Boeing Alplane

lurden 'The Co

Burroughs Add Marbine

British Amer. OJ

Calif. Packing Corp. L'onu, B. of Conn. Campbell Soup Co. Lensdian Pacie H.

'J. 1 pg. L'at Track5 Celanese Corp.

CIT. Financial Corp

Char Manhat. Bank

Chrysler Mutors Chuckt. Peabody

Colgate Paliolly C. Colombian Carbon Co

Cambercial Credit Complidated Edilson CentRental OM tal Del. Crane Co

Crowne Zellerbach

Cuban Auer. Sugar Diamond Alkal Diamond

Gard

Dominion Stores Douglas Aircraft

Dow Chemicals

Dupont de Nemante

Faster Airline

Eastman Kodak

Pen Nattnatal Gan

Famits maner Corp.

Firerfone Tyre & Mathher

First Nat City Bank

Ford Motor C of

Ford Motor... Grotgla Pacifie General Dynandles General Electric

General Fl

General Motor

Gen. Pub

.

Gen. Tyre & Ruiter

Gelly O

hiden ta.

Goodrich (B. F.) C.

Goodyear Tyre ...

Craman Aircraft

Gulf Oil

Iinmmond Organ

Heyden Newport Corp.

Honestuke Mining Co,

Hunion Refris.

idatie Power

Imperial 01! Ingerwill-Rand

Inland Steel Co.

Interchenical Corp.

In Business Machines

Int Harvester .....

International Nickel International Paper Int'l Tol & Tel

Westinghouse Air Brake

Westinghone Electr

Western Union Tel. Co.

West Va. Pulp & Paper

Wyn-Dide Stores

Woolworth (Wa

Zeth Rodo

Competition

Printing

set

#1

3 500

Page

GIANT AIR, DISPLAY OF JETS IN FRANCE

Tw

Paris.

¿WO hundred thousand people watched jet air- craft from both sides of the Iron Curtain stage a spectacular finale to the 23rd Paris Inter- national Air Salon, recently.

Aviation

observers agreed

that the Salon, which began on

160 or 2415 June 12, was the biggest show Atomic Submarine

5.05 1000 9.523

0415

100 D3

管理

11.00

1.90 04

120

27.10 21.30

of its kind ever held as 15 no-

tlons Joined France In display..

Irig the latest in civil, and Programme For UK

1105 military aircraft.

316 @ 32

25

33 304

200 ir 3312%

15.00 Humphrey Really

Costs have risen because the overheads did not fall propar-

to the output tiunately

when many hun were working below

The dispute in the printingBHER capacity. But now the output is Industry may

the pattern Amalg recovering faster than growth of

for costs and prices throughout number employed or hours industry for an appreciable time Tru worked which means that these ahead and for that reason

Sungala Wil UTILITIES with the greatest Traust

... interest by trade unions

Star Ferry and

Yannsti

As a recent survey of Indus-frins are operating more eff-be watched trial prospects

allowed un ciently. pewing int Cutpat, orders were accompanied by general- ly lower selling prices. Ruthie not due to tower costs of WAN 32% | praduelion, Indeed, the eosis her unit of output were semi- what higher and these were 1423) | being met out of profits.

44

Several reasons have been! adduced for this. One is that firms have been using up stocks of raw materials bulit up before the reassion and replacing them at today's lower prices. But

ANOTHER MOVE AGAINST HK

Manchester, June 23.

The oldest established firm in the United Kingdom tex

tile merchanling trade told all its customers today that the directors and decided to handle only cloth which had been spun, woven and finished in Great Britain.

I called on them to adopt a similar policy.

So for Aood. In the past, however, the main impetus to

therefore rising costs-and

to

135 L 3312

4501342

1624 1.55 80KG 1 1.59

2.40 1.45 8000 N/ 240

3000 21.25

2000 24.33

3.33

2.55 20.00 28.50 110

107 100

Precision Blying displays by DRITAIN is to commis- sion in service by 1969

British. French and American B

aerial

acrobatic Leams pro-

vided the top thrills of the

at least right nuclear power-

day at Le Bourget airport. All jed submarines. troffe at the airport was divert- ed to Orly airport, south of Paris, to prevent with the air show.

Interference Rolls-Royce

100 m 198

100 100

C. Light

17.70 17.00

300

17.DO

112

17 50

300

178

GOD 17.87

500 13.40

110178)

27.00 27.80 10,00 ....... 21.0 26.70

300 9 27.79

MOST APPLAUDED

Electric

Macao E

Tei

is therefore employers far beyond. those in- The expectation that costs will level out as pro-medlately involved. duction recÐNDUS.

For the basic argument in the And so long

is a common as the fremt towards more eff printing industry cicnl UND

Batel of manpower

une these days. On one hand the employees say they are en- machinery continues there will

itled to a shore in the increas- be scope for price reductions.

ing prosperity of industry. On the other, employers say heir product is already too expensive and that any further rise ist

without wages

compensatin savings in production costs will put it beyond the reach of many! of their present customers.

All the signs point to a lenz STORES, ETC, and costly struggle-and on the Dairy

Wa Bon outcome may well depend whe-Craw ther Mr Macmillan's "unique double" pays off---London Ex- prosa Service.

prices has been the upward pressure of wages. During the reetsstun there was lul in but now that wage demands business is beginning to expand again claims for mure for doing less are coming forward again, Car Workers

There was the case of the 115 Standard motor workers build-

ing bodies for the new Triumph Exchange Rates

Herald who brought their output down to one-sixth of what could be achieved because they could not agree with the management rales. They over piecework wanted

which

would a 'rote have brought them a weekly wage packet of between 新 and 250. The management offer- Trade, fold the House of ed a rate which would have wa- Commons tonight that unembled bodybuilders to earn up to

loyment in some of the Bri-

£25 n week. And this was only

tish Cotton towns was reduced one of the wage disputes that British bodevilling the this month and that Lancashire were

was "picking up very well." molar indu iry last week.

Mr Norman Taylor a director of the 126-year old company of Baxter. Woodhouse and Taylor, with headquarters at Poynton, 360| Cheshire, said in a letter:

1 was speaking on bill- The motor industry is highly which was passed unopposed___ SMALL LABEL

geared to mass production so outhorizing the government's 30 that when a few key workers "Thy

British Isles at 110

million five-year plan to moder- down tools, work has to stop moment are being flooded with

nise the industry by cutting out in shops that are not immedi- goods marked '100 per

excess capacity und puiting new

A ately affected. cent Brilish-Made. This state equipament the remaining seriour example of creeping ment can misleading and mills.

bu

sloppuge however is the current printing strike.

4415

20

알리

472

2497

cotien

often in effect means not "spun. nol woven nod sometimes not nished in Britain but 'Madc Hongkong by Chinese

Big workers

JA

Curiomers were told that in 14214 | future kouds supplied by The

וטן!

11412

Juhn-Manville Co

19

Kelser Industry

10

Koruna C. Power & Ligu

4534

Kennecpt Copper.

108

Kimberly Clark

043

Legasit Mayers Tub. Co.

Lily Tulip

Litton Ind.

Lockheed Aurorata an

501

KUW

Lhews Incep.

301

Lone Star Cement Co.

Lowensten & Revs.

Menali Jay

443

McDonnell Airerat Mezzi Iren Corp.

Mineots Mining

Mon Development Manranio Chemies Co

Afontanery Ward

Motorola Ina.

Nations Blacuit Cu National Cash Iteg. "A

Notleuzi. Dairy Prod.

National Lead

National Steel Corp.

New York Central

Notrude Minas Lid.

Norfolk & Wratein. By

North Amer. Avialien

Northwest Airliner (Cin

On Multileson

Oits Elevators ... Owen-linois Olak

Co.

Oxford PPF & Elec. ....

Facilic

Pan Amerion. Alrways

Paramogai Pirtures

· Pathe Havie: 05.

Penty JC Co.

Tenn. Frit Co...

Procter & Gamble Co.

Philip Morris

Pitney Bowes

Plush Plate Claus

Pabllcker. Industries

Pare DI!

Radio Crporation

Radio Corp, Prét,

Raytheon

·Republie leel

Reynolds Metal

Royal Bank of Canada Esire, Robuck & Co.

מן

Sir David Eccles sald the fact that the cotton trade was improving would make it quite a struggle to get enough

firms to agree to go out of the in- dustry.

The Government would do firm would enrry a small lobe! | its best to bring some of the reauing "spun, woven and rearganisation. schemes before parliament shortly before the Muanwhile Sir David Eccles, | middle of July, he added. President of the British Board Reuter.

datshed in Great Britain."

Yesterday's Closing

far more

Business was done in the local officiat exchange, market this morning at the following rates:

S. dollar per 311...... Sterling notes (per 21} Australian meiça (per CN Indonesian rupiah (per 100) Slam ticals (per 100)

Singapore (Straits)

200 26.70

044 25.80

116 28,75

2004 20.10

GOO 20.0

metres

The engines for these sub- marines will be built by and associates. The companies Involved Are

Vickers Rolls-Royce,

and Foster Wheeler. ----

Britain is expected to make

a

on

non-

About 350 aircraft took part ranging in size from Belgian's Fairey Tips Nipper, with n wing span of five metres to the huge decision about the develop- United States Air Force trans-ment of British nuclear reactors port, the Douglas Caroomaster for merchant ships this year.

But which

the decision casures $4

mitory atom-ship design is not Itom wingtip to wingtip.

expected to be Analised some months,

Dides the eight British nuclear powered submarines to The

be completed by 1900, at a cost show was ก public

of approximately £120 million repeat of the display staged for

for

and the nuclear an invited audience and most wictory equipment, at least

engines

of the same aircraft took part.

for

two large military surface ships

Sixteen Hawker Hunters from will also be built during this the Royal Air Forces No. 111 period.

quadron were among the most

INDUSTRIALS Coment

600 20.0)

341 242

500 4 31,73 1000 à 347

100

34 25 !

1000

34.75

10.10 16.20 13.30 14.20 11.09

500 10.20

300

17.70

1100

13.20

displays

300

17,43

Kwong B. H. COTTONS Textile

144

20 145

5.35

5.03

applauded of the jet fighter SIX A-STATIONS

5000 € 315 against

1.30

They competed for favour the four-man United $.43 States Air Force "Skyblazer 3.53 Acrobatic

flying F-100 2000 5.50 Supersaures and a group of 300 8.70 French airmen flying 12 Mystere

IV fighters,

5900 T

20000

10930

Nanyant

Im

MISCELLANEOUS

..23.20

10.30

Ch. Ent, Vibro

5.75 18.03 12,50 Tot. Invest.

3.16 Allied

INVESTMENTS

26.59 HK & FE ̈

1.81

Invest XD 10,00

2030 231

HARRODS CONTINUE TO ATTRACT

London, June 23.

A satisfactory tone was maintained in stock mar- kets today although interest was selective rather than general and price movements were somewhat mixed.

Harrods continued to attract cannot very large business following The board's statement, Hours and pay and if the

carly the strike goes on.- as it seems shures reached 125s

Here a vast industry is at a virtual standstill because work- ers and management agree

in

it will-i could affect dally dealings to cluse: ds up at 122s Other stores were mostly lives of everyone in the country. 19d.

With the possible exception of lower although Army and Navy Transport no other industry is so were a good feature. important to the smooth working

COMMODITY PRICES

SUGAR

NEW YORK

All prices in cents per lb

Contract No. 4 (world)

July: 2.74 Sept: 28: Oet: 2.03; Jan: 3.05: Mar: 2.50; May: 2; July: 3.04: Sept: 3.00; Spat-(1.0.b. Cuba): 11212.00

Open eyes! 7.506 contracted Contract No. 6 (domtalie) Seut: 53: Nov: 5.00: Mar: 5.60; Bant ICA. N.Y. ex-duty); 5.00.

Open Interest: 3,117 contracts. UPI.

METALS

NEW YORK

Closing prices, all in

95% per b.:

4444 Lead July

391-

Sept.

3106 Zinc July

TON

Scol

B1 Coppor July

ר

Tin

9

Bept, Ju Bepl

4014

LONDON

th

COTTON

NEW YORK-

All prices in cents per lb.

Spot: 24.00 'nom July 34.04; Oct: 3227, Doc: 31.44; Mar: 32.76: Muy: 32.03 July: 32.43 Oct 30.40: Dec: 30.10.

NEW ORLEANS

All-pricomin oenis per iha Spol: 33.00 July: 34.80; Oct: 3437: Dec: 32.44: Mar: 3274: Atay: 32.00; July: 314: Oct: 30.40; Dec: 30.38.

LIVERPOOL

All pres pence per lb.

American, Contract July/Aug: 73.20 Oct/Nov: 2150; Dec/Jan: 2135: Mar/April: 21.10; May/June: 31.95.

Mixed Contract,

July/nug: 23.10; Oct/Nay: Dec/Jan: 21.50; Mar/April 21.18 May/June: 21.49.

SAO PAULO

prices in cruzeiro, per

Det: 60.50; Deet 01.00.

cents

AL

11,50b

kilo,

11.00

10.040

10.16

20.000

20.865

103.700 102.

0114 Closing prices, all in glerling per long ton, unofficial after- noon ression:

FOLL

2016

at Tin mout

mt | Copper spot

EDIL

3-month

-month

199) | Lead lat, held Jone 7314

Bout.

10072 Zina Lot hair Türk (1

#215

Biger Beth

700

Average price in US at

14

designated spot markets: 34.47 conta. Total sales; 0,700 bales. - UPI.

Mar

SINGAPORE

32,50

Mixed Display

Д

Od

Milueellaneo

Britiah

Oxygen Ltd, Ord-331

Canadian Pacifle Miy-$51.

Rubber Co-10- Hungkung & China Comics. Imperial Chemical-331 Lyons & Co-11s Dd. Unilever Mid—_004.

Taper Bowaler Paper

70.

Corp ar3-311

Radio and Electrical Associated Electrical-50; dal Electrical & Musicut-$26.

English Electric41 3 General Elecisi...314 6d,

Shipping

Indo-China Steam Nav. Co. det on 2 ed.

PO Steam Navigation deford

Industrials generally_gave -mixed display. Brewerles mostly lost further ground excipi Courage and Charring-

- Motor tons which were firm.. and engineering, shares

often

eased but Standards were aa Brm spot. Property, electrical and building shares were mixed.

Gilt-edged continuod their advance lo.close with gains extending to %. Greeks eased bonds, but Chinese issues were firm. Dollar stocks were mixed. Banks and in- surances dull.

All prices in Straits cents per et foreign 1. fo.b. Malayan ports;

No. 1 July

0472-95

Aurt

No, 2 July

8314-931

No, J

No. 4

021-ski

Spot rubber unbaled

nilinket crepa

uity-03

041-0012

16-09

LONDON

No. 1 pale crepe

Gold shares opened firma but turned irregular. Other mining reclicns were neglected.

Oll

also eased,

Rubbers

All prices in ponce per lb.: strty tenay-UPI. No. 1 ss spot

Settlement house term: [July/Sept.

OctDrc.

| Jan/Mar.

Apri/Juge

2734-28

273 274 2772-281 General markets, e.l.f. baste, porta? July

271-ZA 2742-34 Estate crape in July

Sept.

thick July... AMSTERDAM

All prices unchanged.—-UPI,

TOREIGN EXCHANGE

NEW YORK Closing rates:

Canada Denmark Norway Argenting

תין

ཎྞམ-ཝཱ

LONDON Closing rates.

RUBBER

NEW YORK

Rox rubber futures closing Amrlendam prices, all in conta per lb.:

July

Hept.

story,

New York

Montresl

Copenhage Lieben

Stockholm

1.0% 0/10

1455

.1407

0120

Closing Prices

Gledged Bonda

£24-7/16.

Loan 314. COT

Funding Loan YA.

British Transport 1074/00- £53.

Consala 25%-—£62!4. Console £75 Conversion

Funding Block

#72-15/10,

Funding

Lon

£00-13/18,

1900

1039/09-

34% 1900/200%----

1950/90

Sayings 3% 1955/05-ROSAL. Savings 32, 1900/70-2524, Savings 3%. 100/70-13/10,

Danks

· Barclay's. Bank "A" Ltd ord-508. Chartered Bank, Hongkong-263

Insurance

Union Insurance Cantonw=24-7/18,

Alrerit, and Motors

Drillch Motor Corp. Ord-13 96. Ford Motor Condón #ya.

ILOWATING

lation Co- 31.

Building-and ·MAKETIETO

Autoclated

:0312

CHA

'10.00fi-19.6i

90.10-8033 Dar-14.53 ---BPI.

Portland Cement-dis

Leam

The Soviet Union's Tupolev 104 jet airliner was among the top civil aircraft flying in the

The authorisation for Rolls- Royce to bulid additional plant for the construction of a purli- fuct cular type of nuclear element for atomic. submarines

Elgniilcont In quantities involved will repre- sent the equivalent of fuel for at least six 500-mw. nuclear. power stations.

that

the

The plant will cost, at least an extra £i million and will be

show. It went through its paces able to handle in the future along with Britain's De Havil- civil commitments for enriched land Comet IV and Bristol Bri- uranium fuel for nuclear power as well on fuci for tannia and France's Caravelle stations

nuclear submarines and other Jetliner.

ships.

The Russian giant, the TU- 114, stood on the tarmac and thousands of visitors entered it. But I did not fly.

Nuclear power units for ships at present cost more to install than conventional power units. and nearly twice ne much to run, but "costs will come down," Among highlights of the flying according to Mr V. V. Mason. display was the US Air Force's manager of Atomic Energy simultaneous three-plane-in-division of Canadian Westing- night refuelling performance by house.

an air force KB-50 tanker feed- ing an F-100 Voodoo, an F-100 THE COST Supersabre and a B-60 destroyer bornber.Reuter.

Japan To Build Ten

the

The cost of nuclear fuel in most practical reactor 19 roughly $2,500 pay full power steaming day; nuclear generating equipment between 28-7 million and in- stallation $1-3 million.

Cargo Liners For Plateam

FIVE looding

Tokyo,

steam

cosis

"A 20,000 horsepower nuclear generator will weigh iona approximately 2,250 long and cook monte. $7-10 million Installed na against a weight of some 470 tons and a cost of the

Japanese order of 3500,000, for tho

ment," he said.

shipbuilding companies quivalent ecrventional equip havo formally signed con- "But as we discover more and tracts here with the National better ways of cutting corners the capital cos's of Dovelopment Corporation of rafely Universal Stores "A"-the Philippinas ta export ton nuclear plants will come down," he said. "Similarly, the nuclear Marks & Spencer Lid-007 high-speed cargo liners to fuel costs will come down not an-only because of Improved

Great

Blorex

Woolworth F, W. & Comod.

Schweppes Bids

For Chivers

London, June 23.

that country, it was nounced hora recently.

methods of fuel clement fabrication, but also because This marked the end of long we will learn how to get more negotiations for construction of energy out of the same amount

for the Philippines of fuel," who plans to enter the Far East

the vessels

to New York shipping service.

the

The negotiations were protract Large Yards Not Hit The soft-drink firm of Schweppes ed by strong opposition from DVERSE Conditions in

Limited announced last night, the Japanese shipping Arms, as A shipbuilding, industry last that over 5 per cent of tha well as disagreement between year kept the volume of new shareholders of Chivers and the two countries on the defer- chipbuilding orders the low! Gona-jam-makers,-had-accept-red-payments-forms-- ed their take-over bid, made earlier this month,

tens roch

Hlevel,renched-in-1987—buf-the- | directors of · Vickers stale that The Uraga dockyard, one of the general falling-off of orders Schweppes said they had now the five firms, said the ships has been less immediate in the declared their offer uncandi-, would be 11,500 deadweight ease of yards building larger tional, subject only to the

maximum ships, ne three of the company, i with # посемагу stock exchange spred of 20.85 knola, costing At the year-end 20 ships werd

permission to

on order at the yard; of Vickers- U.S.$3,600,000 a ship. granted.-China

|Armstrong (thipbuilders), com- prising on drcraft carrier, two passenger Linots, ivo sub- marines, two destroyers, four and five

quotation and deal

being Mail Spoolai,

Textos

Coats J&P Ltd 20 d.

· Courauide Lid=358 6d.

Anglo-American Africa-1919 104.

Corp

PAYMENT

The first 7.5 per cent of the frigates, 10 tankers payment will be made in cash cargo liners. within three weeks after the

of South signing, the second 7.6 per cent Orders Are Scarce

Cons Gattinetta of South Africa

71# 1011⁄2d.

Cons

Zine Corp. Orl-633 6. De Beers dof-Idos T

· Free State Development & Invest- menila 34.

Hongkong Tin-49 105%EL

Petaling Tin 09,

Rand-pd. cor.

Boulbers Kicka Cons Ltd-23:

Union Corp Đổi

WER

Finchin Johnson Associates Ord 13% od Driefontein

22 1154.

Coal, Staci and Engleurlux

Flabbock 4. Wilcox Lid-4m 80.

Vizkera 1ād-SIL

Prilia

Tr

Food and Tobacco "

American Tol. Co., Ltd

LAJ1 10164...........

Tabacco Co...

LAS-STA

will be in the form of a lotter

of credit on delivery, and the

The cutlook for shipbuilding

remaining 55 per cent will beRDERS are very scarce and lu deferred payment over soven not good, mys Mr. C

years, the company, sald,

·

| Mather. "chairman of Carmel Laind de Co....... The stipbuilding The Uraga Company added it absidiary has sufficient orders took six, ships, Mitsuiblahi group got three, and the Kure Ship

Goldraining-building Company had one.

West Rand Cons .

Brilleh Borneo Petroleum Byndi. |cate=630 151O..

Belum Petroleum Co., L:d-dos ap,

Burma-000

Loyal Dutch Petroleum-gIATĮ. "BUTYROFOrt a Trading-133;

to keep ront coctions twy, fox come time but he adds that long-term pivspocta inuxi depend Ion The receipt or further orders. The Philippinty Corporation Mr Mather says that is also signing another cob immediatu grospects in the athel tract with the Hitachi Ship-lochantry, says not much brighter building and Engineering, Com-although thứce has bear a slight pany for two similar freighters. Improvement in orders in regent

Reuter.

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