1959-09-15 — Page 9

Page

THE CHINA 'MAIL, TUESDAY, SEPTEMBER 15, 1959.

DEARER NEW YORK MONEY

London

Market Hesitant

London, Sept. 14.

Stock markets have had a qulet day and generally speaking the

frend was undecided.

There was a certain amount of selective buying going on but with an uncertain period ahead buyers were showing some reluctance to Extend com mitments while here and there profit-taking was going on,

securities Gift-edged quiet and while the short-dated aliceks tended to improve the long-daled cased.

were

in foreign, bonds there was a mixed appearance with Greeks depressed, doe it was thought to eplion declarationg Germans were fh.

Repercussions HONGKONG

On London Rates Unlikely

London, Sept. 14.

STOCK

EXCHANGE

Our Own Couespondental

Stock Exchange this

The impact of dearer New York money on

London money rates, conceivably in-. Buslacss done on the Hong- cluding Bank rate, has boon discussed kong

morning amounted to approxi- previously. After taking too little notice mately $1,081,000. Noon quota- of it, people suddenly took too much actions:

tions and the morning's Iran-

notice of it recently. Long ago the uptrend of New york rates gut paid to any hopes of

a further eut in Britain's Bank rate.

When the steel strike ends, they will tend to drag London money rates up which would anyway be normal of this stage of the recovery.

LONDON RATE London's Bank rate is highly unlikely to be raised unless the pill or New York's money rate butts real pressure on Britain's reserves or unless the British internal bovin gets to the stage

cor of requiring not merely relive action but that particular corrective action,

Indestrials were

generally, irregular and steel shares serce mostly lower or balance but engineering and electrical vqul ment shares showed uteful gains,

Gold factory

reserves are

N.Y. Suffers

A

Late Sinking Spell

New York, Sept. 14. Stocks suffered a late sinking spell today which

sent the market lower on Halance.

Some of the market's carty strong spots were hardest hit by 0.35 the lato selling Litton, which Das was up more than a point around!

the opening ended the session dows as march na 6 points.

shares Tuyers Sellers Rules BANKY HK Bank. €33

30 +7 In the US. the bungie which brought the recent jump

In Union****

INSURANCES money rates during 'an Un Lombard precedentedly critical steel strike SHIPPING - managements 13

whole Wheelock (not merely the steel manage- DOCKS, ETC,

✡

Family Finance Corp. Fit Not Chy Bank Ford Motor Co. of Casio, Ford, Motor Georgia Pacife

General Electric

dian, Pus. Etil.

General Foods General Motors

Glidden Co.

of

red

Gulf Oil

ramond Organ

At no time in the session could 443 volume be described as heavy,

However, a limited volume 45selling in the absence of a 1320 support was enough to

บ 4344

6.45

0.00 32,035

S'S 4G.

2006

403 F 200

33 1243

101

DOG A

ร

200

ments) are taking this one as Dock a show-down to bring labour evident 13.10 13.30 to its (disinflationary) senses**

an unfortunate coln=| LAND, ETC.

-- was cidence.

on

Talkou... 22

1K futet 20.30 18

There is Every rencon La expect further twists of deares and tighter money after the strike, but, while it is on, its effect

Inventories alone makes potently for a full, or Humphress indeed

temporary spasm of, testy ... easier money,

REPRESSING

sonic fairly sharp losses.

Investors generally remained 28.49 on the sidelines in view of un- 500 41-42 tainties over the steel strike 1000 23.00

and the pending Khrushchev 33.75

visit to this country. 400+ 93.73 Aircrafts nhd Rome elec- 120tronics met support in the wake

jot Nussia's successful moon 1.83 retket.

Brokers sald there is 1.35 some feeling this turar

might trigger an increase 3.40 U.S.

suctuding how inissile

5000 !+

1.33

2.40

3.40 development.

NK Land,

XD

30%

. 1000 к.

10

: 5.13

72 1

13

1.00 Lado

Joucom

NUMBER Amals.... 3.40

5010

10000

..

4.16

4.20 3000

10,301

4.375 4.15

3.05

2.80

5550

5000

1.95

29.70

110

100 M

200 u

120

400 za

138

LOG

1.18

500 M

1.19

100 IN

400

17.00

10 1500 14

500

17.00

100

500 r 17.00

Netther is happening yet: for

Unil the bungle, the strike the line of year, sterling and was repressing money rates, and satisi Britain' shares made 能

Trast doing the Federal Reserve had come although well, wille America's showing

reserves near to publicly shelving the business was on the small side are still doing badly; ar to the question of raising Its discount guncalo

A. Tawah 2.70 Free States hardened andi

Internal situallon, the capital-

8. Kelantan 1.020, Anarve house shares respondidi

goods industries have still to feel lo Swiss buying.

UTILITIES Oils drified lowre and rubbers the revival, let alone any boom.

Teun and lens were irregular-UPI.

Yaureati

די

Closing Prices

filtedged Boud

Delties Transport £68.11.10.

LEFT ALONE

Hable

A coming general election Inhibits any bank rate or other action which might turn out to 170/28 be unduly or prematurely

| Inflationary de be

political misinterpretation. Bar- InGD-ring a clear-cut case for moving 1098/50 Bank rate on or of the the argu- two cited grounds, Stock 39%, 1989/2001-ments for leaving it alone are

4 1000 patronfg.

Consois 211⁄2--EBLIS, Consols C72-15/10 Conversion Loan 31 E64-1/10.

Funding Loan 3

283-3/16.

Finding

7/10. Fund

01-546.

Lonn

• Sovince 3, 1:35/05-9395.

-

งด

101

Savings 3. 1900/70-CA-3/16. Savioka 3, 1805/75-£75%.

Hanks

Barclay's Bank "A" Ltd ard-8t

Chartered Bank-49 3. Hongkong-£52%

Insurance

Union ance Conton-LA.

Aircraft and Motors

Britfal Motor Corp. Ord-10

Find Molor Com29 4:44.

30.

Breweries

Distris Co-2

Buliding and Materials

Associated

Portland Cement--02

Pinchin Jalanan Associates Örd

Coal, Steel sed Enginnering

Tatierek & Witeux Lid-18 148. Vickers Lig

Food and Tobacco

British American Tub. Co., d

Imperiat Tobacon Ca.. Lki--57

الاول

Mtucellaneous

Hoankman Marden

Ltd--

British Oxygen Lid Orn-05. Bd.

Canada Rubber Com243444

Pucille ly-45

Duning

Hongkong China O-14.

Imperial Chemteul41 »

LOMA & Co-76 4124.

Unilever Ltd-1.

rates.

if the paradoxicat coincidence had continued, I might have pressed on Wall Sirget and the economy.

As it can be removed by Washington talking and acting dis-more sensibly, US. money rates to should ease back. They seem to be doing so. Wall Street in re- leved, and the question of their repercussions on London Bank rate or anything else is put of sirike. China until after the Mail Special.

U.S. MODIFICATIONS

TO IMPORT QUOTA

ON WOOL TEXTILES

Washington, Sept. 14.

The United States has agreed to examine possible modifications of its quota on Imports of wool len and worsted fabrics, the State Department

announced today.

In

States had agized, to The wool quota, which pro-, United vides for Lari "penalties en examine possible modifications certain level, on its quota restrictions ba im- imports above a

arxh worded has been under special criticism parts of woollen

Britain. Mr Harald Mac-fabrics. anillum,

Prime British Donater Poprz Curp Ord-504 Minister, appealed in President Eistnhower during their joint television broadenst in London on August 31 to "do something for as

416.

verל

Radio and Hectrical Arociated Electrical-31 &l. Electrical & Musteni-53, 31. Eng Electric Co-434 0. General Elvetele-39, Kİ.

Shipping Indo-Chton Beam erd-30 34.

Nov. Co.

def

P&O Stean Navigation det ord

-378 21.

Stores

the

wool textiles."

NEGOTIATION

The State Department said that negotiations would

open

Great Universal Slote. "A"-with Britain and Belgium, at an

1990.

Tarks & Spencer Ltd- 50s. Woodworth W. Co-15 d.

Textiles

Coats &P ltd-28 44.

Couauld Lid—he 11⁄2d

Anglo-American

"Corp of South

Africa-20 d.

Con Gokilelids of South Afrten-

D

Cons Zinc Cory, Ogl--ats 3d.

De Beers def-176 34.

enannqueced date, "looking toward possible medification" off the provisions of the General Agreement

Tarifs on

and Trade (GATT) under which the 'quela was maintained.

that

It sold the new negotla-

tins were requested by the

British Government läst August

Free State Develojiment & Invest-ard being undertaken "to ind

meat-1 is.

Hongkong Tin=4) 7!d.

juling Tin-0 34,

Hand-19,

Southern Kinta Cons Lid-285.

in solution to the many problens which both importing interests

United States In the

and ex- interests porting

เร other

· arise Deicfantes Goldmining- ecuntries have claimed

from the application of thin quota,"

Un Cor-70 3.

1074 d.

West Rand Cons-22 d.

10

Detish Borneo Petroleum Syndi.

cat-501

Brikh Petrolçüm Co., Ltd-528

100

Bunnah 31 711⁄2d.

15-11/14.

Roval Dutch

-Reuter.

ARRANGEMENTS

The United States will hold Bri- the new negotiations with Petroleum-taln and Belgium because these

two countries were parties

New York Sugar Market

Shell Transport & Trading-1473. tariff arrangements under which the quota Is maintained. But concessions granted to them will also apply: to other wool, exporting nations who are mem- ibers of GATT. "Britain and Japan are the two major cx- worsted of wool and tabrics to the United States.

One of Britain's complaints has been that the present bystem

1

pórtery New York, Sept. 14. World No. 4 sugar futures to- day closed 3 to 6 points higher with sales of 305 contracts.

Domestic No. B sugar futures permits Japan and other export- closed 3 points lower to 1 pointing mations to f1 the quota with

higher with males

tracts.

of 15

Speculative covering

con-poor quality goods early in the

your, thus subjecting high qua iky British woollens to the high- In the er tarif rate. nearby October delivery joined,

Offcials said that the Inten- with trade buying in putting tion of the United States- was the world contract on a con- to find some method

fident upgrade today.

Buyers

drew exira

eliminating the "Buctuation" in en the tart rated and in this way couragement from trade reports car tha restrictions against

suggesting that a sizeable block imports-Reuter,

of raw sugar may be sold to

France despite,

dentais to that ANNOUNCEMENT

eftest last week-UTI.

Agreed Merchant

Rates

Belgian Francs,

Selling, 000,

1

C. Light

Electric.

X AU...

23.70 23,00

INDUSTRIES cenzent ... 34% 361 STORES, ETY,

Dairy

shot

Today's volume was 2,500,000 shares.

Of a total 1,107 shares traded 1.03 288 were higher and 709 lower.

American Exchange volume wan 880,000 shares.

1.10

fonds volume amounted $5,810,000.

Closing Prices

3D Abitib! Pwr. & Paper

18 Akiro Inc, Acy.

130 m 17.90

con # 23.6O 100 M 3347

Algona teel Corp.

Afied Chemicals

Alec Mix Inc.

Alta Chalmers

Am. Brake Shor American Airline

Corp.

Amer. & Foren. Power

NO

Goodrich (B. F.) Co. Goodyear Tyto

Heyden Newport Corp. thanestake Mining Co.

Idaho Power Tngersoll-arid

Human Retrig. A, 5

Inland Steel Co. Interhemical Corp,

Budness Minellities

Int'l Barvester International Nickel international J'aper Int'l Tel & Tel J-Manville Co. Kaber Industry

Kama Power & Light" Kerineeti Copper Kimberly Clark

Liggett & Meyers Tub. Co..

Lly Tulip Lion

Lockheed Aircraft

Loew Incorp. Lone Star Cement Co. Lowenstein & Sons, McDermott J. Bay

to mesota Mining

972 National Dairy Prod.

National Steel Corp.

354 New York Central

3211

179

7311

20

401%

231

Pare 9

Milford Haven To Become Important

British Oil Port

MILFORD Haven in South Wales, counted among the world's finest nätural Harbours, will soon become one of Britain's most important oll ports. The British Petroleum Company Is building u unique oll tanker terminal off one shoulder of the haven and Esso Petroleum Limited, a second terminal off another shoulder,

AL the Britch Petroleum

terminal, a £0.5 militan project,

There will be a minimum dẹp!li of 94 feet

of water enabling Replacing

014 tankers carrying up to 100,000

10%

tons of crude oil to berth sately. The 'Queens

15% Two super tanktas will be able,

04

to bir smultaneously at D

204 2,300 ft. jetty head and pump

M

100% hele cargoes ahore to storage

201

Janks from which the oil will

A

throo-mon committee

led by Viscount Chon-

British

be pumped through a 60-mile dos to advise the

Company's Government on the toplaca- ment of the Giant Cunard includes Liners, Queen Mary and

pipe-line to the

Llandarcy Refinery.

The Esso projczł

the building of a refinery on the

sheres at the haven.

Queen Elizabeth, had been

The two projects will, it is set up by the Minister of estimated, be able to handle up Transport, it was announced,

to eight million tons of crude

oll a year. Tas first cargo will: be pumped ashore defore next July.

LARGER TANKERS

On June 3, Mr Harold Wat- inson, Minister of Transport and Civil Aviation, told Parila- ment that the Government had received information required by him from the Cunard Com- He then indicated that soma #nancial nid may

be Larkers. The prolotype of the granted by the Government to modern lanker. the Gluckauf. help replace the 00,000-ton launched in 1880, was of 2,307 trans-Atlantic liners, now more 43% tons; tankers are being built than 20 years old.

As the demand for oil has increased so has

the sizo of

300

182

39

| Monah) from Corp.

Bürsion Development

Stetanto Chemical Co.

4912

Montgomery Ward

Motorola fine.

1021

National Biscuit Co

£14

National Reg. "A"

110

National Lead

41

28

Americon Cable de Radio

2314 Narfale & Weston Fly.

Noranda Mines Lid.

2007 23.90 200 233 1000 v 23.19

American Cyanamid Ch.

Бо

Northwest Airlines (Com.) Pin Mathieson

331/

ATEX

Otin Firvatore

7719

11

Macao E... 104 10.70 Talophone 2020 29.30

Am. Home Prod.

100

Owen-Hinois Glass

Date

B) 27.10 NO.20 500 100 M

Am. Mach. & Fary. American Metal

Oxford Paper Co.

473%

235%

Pacifle Gas & Elec.

41

Am. Natural Goy

DAP?

Pan American Alewayn

22

1000 20.20

American Emelting

43

Paraonun Piriures

44

|Am. Sugar_Ref.

Parke Davis Co.

2004

3412 100 3412

American Tel & Ti

76

Penny J. C. Co.

147

Anerican Tub. "B"

Penn, Salt Co

18 40.20

1:53 27

Anaconda Cópptc

£25 ID Morris

2011 BOST

Today to carry 60,000 tons of oll and more.

The B.P. Tanker

19

Amico Steel

77

Planey Blower

1000 1 10.30

22

Procter & Gamble Co.

500 18.10

10

2014 18.30

14

22

500 g 21,79

1000 600

200

50

Rgབག

Benguel Cons.

142

Hadio Corp. Pret.

343

Bethlehem Steel

COTTONS Textiles

Repubile Stee

| Boeing Airplarie

22

0.00 0.05 2300

3000

4.03 6.00 2000 0.603

1000 or 11.40

neynolds Motel

Burroughs Add Machine British Amer. Ou

Royal Bank of Canada

20

Sears, Roebuck & Co.

Vibro

H.K. & F.E

investor

03.70

British Columben Iwr. Calif. Pocking, Corp. Cana. Bk. of Cochin Canadian Pacifle R. Cam (3.1.) ca.

Sell Oll Co...

63 Safeway Stores

Saint Reg. Paper

2714

Schenley inc.

20

11.30

$2

Celanese Corp.

K317

Solar Arreft ..-..

150

400

#

0315

Southern Co. (The)

Southern National Gas

Southern Railway (Com.)

Landard Brands

521

71

Sundard Oil of Cal.

50%

4316

1122

Watson Lause, Crow. 2.70

Amrour

Allas Com. Mining

Baldwin-Lima-Hain,

Baltimore A Onto

Hank of Montreal"

21.00 | Bendix Aviation Comp.

Nanyang 11.40 12.00 1000 or 11.40 MISCELLANEOUS INVESTMENTS

Exchange Rates

SINO

Businest was done in the local He said that because the quota

nomictal exchange market this discouraged the import of highly-morning at the following rates:-

U.S. dollars (per $1) _johtaa styled and distinctive fabrics, Britain's share of exports to the Sterling notes (per £lt..... Australian notes (per £1.... United States had drerned at an

Indonesia uplati (per 100).. alarming rate over the past four fam ticals (per 100) years.—Reuter,

Singapore (Sinita)

Yesterday's Closing

CUT. Financial Corp. Chase Manhnt. Elank Chrysler Motors Cuti Peabody Colgate-Jamožive Co Commercial Credit

Consolidated_Edison Continental Oil of Del Crand Co

Crows Zellerbach

Cuban Amer. Sugar Dlamont Alkali

Diamond Gard

6.73 15.04 13.50 .6.05

Dominion Stores

Dow Chemicals

211.20

Dupont de Nemours

Frman Kodak ..... 101 El Paw Natural Gas

COMMODITY PRICES

SUGAR

NEW YORK

Closing prices all in cents per

lb.:

Contract No. 4 (world)

Oct; 313: Jan: 3.16; March: 3.19: May: 3.18 July: 3.19: Sept: 3.25:

Oct 323 Spot-if.0.1. Cubai: 3.12.

Totul Sales: 303 ostracts. Open interest: 0,040 centracin,

Contrast No. 8'(domestic) Nov: 80; March: 5.01; May: 5.60; spot-(C... N.Y, ex-duty): 0. Total Sales: 35 pontincta. Open, Interest: 1,538 contracts.—-- UPL

METALS

*NEW YORK Closing prices, all in cente, per lb.:

תר

11.00

COTTON

Blanket crepe

No. pole crene

LONDON Closing prices all in

Settlement house letm Gel/Lee.

40

Pittsburgh Plate Glass

Publieker Industries

Radio Corporation

Raytheon

Scott Paper

Smith, Cline & French

di andard Oil of Ind.

Marxlard Oil of NJ. Htool Co. Candy

55% Stoep Rock

A24

Stering Drug Co.

Stckely Van Camp. Stone & Webiter'

Studebaker-Packard Coip.

Buahine Min

Swift & Co.

Texas Co.

301 Textro Ine.

Thlokal Ches,

Tide Water Assn. Ou

Time Inc.INSTAN

T-Cont, Wariante

Twentieth Century Fox Film

Union Carbide

Union Oil of Cal.....

Union Pacle alway

United Aircraft

United Fruit .............

United Gas Corp.

US. Full "B"

US, Gypsu

U.S. Jane

b.

#114

pany.

Viscount Chandos is chairman

32 Company has on brcer seven of Associated Electrical In- 64ships of 05,000 tons carrying dustries Ltd., a director of Im- nine of 50,000 perial Chemical Industries Ltd. capacity and tons. They will be delivered and of the Allance Assurance 574% between 1960 and 1963.

Co. Ltd., and president of the

These ekipe on voyage from Institute of Directors. the Middle East lo Europe _wlili

70

471

тя

be

7815

4674

102

MT Watkinson told Parlia

able to traverse the Suez ment that

the Cunard Com-

Canal when parlly loaded or pany had fully repaid the Gov-

take the Cape of Good Hope eramtent an

which helped

37 route fully loaded, their carry build the Queen Mary (91,000.

48ing capuclly and speed making 3s economically word while.

6314

Most of the rude oil to be Junshipped in Milford Haven will come from Kuwait but There will also be cargoes from and Nigeria

3712

31

תדון

iraq.

Venezuela.

Diesel Cable Ship

THE first British

with

cable ship to be equipped

diesel-electric

main

tons) and the Queen Elizabeth (82,000 tons) and now needed assistance to bund new shipe becise of competition from u heavily-subsidised merchant marine.

American

Announcing at Cunard's manual maceting last May that the

be Jinery would

replaced, Colonel Denish Butes, chalemari of the Company, said it was the new possible that one of ships would be nuclear-power- ed.

He said, however, that it would not be possible to have propulsion machinery is to ja nuclear plant in the first ship. be built by the Fairfield which would replace the Queen Shipbuilding and Engineer Mary.

Ing Company for the British

Postmaster Goneral.

The

417% whole of the propulsion

34

machinary and the six New Liner To

auxiliary gontorators ro-

304quired for this twin-screw Be Launched

4,000-ton vessel will bo

supplied by Associated Eloc-

+

THE Orient Lina's

Heavy THE

now

passenger liner, Oriana

The ship will have two main will be named and launched propeller motors,

cach

103-105 11019-11074

US. Hubber U.S. Smelting

101

7 PC. PF

145

Warner Bros.

trical Industrica,

pence

Waukesha Motors

4235 Plant Division,

per lb.

No. 1 Raspol

33-33

3141-337°

cents Jan/March..

April/June July/Rept Oct./Dec.

501--12 *9-39!*

Werlinghaus Air Brake Westinghouse Electric Western Union Tel. Co. West Va. Pulp & Paper Wint-Dixie Stores Woolworth (K. W)

29

BO

B

4312

0812

ወሰ ፡

UPI.

Sept.

31-32

от Nov.

303-304)

all in

cents state crepe thin Bepi.

NEW YORK Closing prices all in per lb.

Spot: 32.00; Oct: 3250; Dee: 32211 March: 304 May: 32.01; July: 3.24; Del: 30.36; Dee: 30.34.

NEW ORLEANS Closing les per lb.

Spot: 31.35; Oct; 3260; Der: 32.22: March: 32.03 May: 40; July: 33.24 Oct: 20.32; Dee: 30.31.

LIVERPOOL

283-25-12 Zenith Hadlo

acherd markzia, cil, bane, ports:

thick Sept

ANISTERDAM

Closing prices all'in guilders per kilogram, c.lf. Seplember,

Closing prices all in pence No. 1 rubber per lb.:

American Contract

No. 2 rubber 1. 3 rubber No. 1 crepe

Oct/Ner: 21.80; - Dec./Jan: Mar/Apr: 21.05; May/June; July/Aug: 21.80; Oct/Nov; 21.43.

Mixed Contract

21.89:

22.20;

22.201

72.00;

Oct/Nov: 2225; Dec/fani Jant/Aper. 22.30; May/June: July/Aŭgs 21.75; Get/Nov 2140 UPI.

RUBBER

3.00 по

1,04 viem,

3.00 поп

-UPI,

NEW YORK ·

FORDIGY EXCHANCE

NEW YORK

Closing rates; Canada

England fetal

· 50 days

90-daya New Zeiluid-

Rex rubber futures closing Bouth Africa prices, all in cents per lb.

Lead Bept.

Oct

Zinc Bopt.

of

Copper Sept.

Oct.

fiept

Oct

Sipt.

LONDON

Nov.

San.

Closing prices, all in sterling per long toh.

Tin

Mirch

May

July.

Buyer Sellers

Sept

London, Sept. 14.

3-month Copper Brot 2-monib

7921

131 n3

celit per lb.

porte:

99515N: I Dept

No. 1

WELCOMED

Mr. J. Dourdes Hood, Chile- Mazimun mass of the National Wool Tara | Lænd 2nd Half Hap).

Bilo Ebort Corporation tonight

West Derinari Deutschemärki, (welected the antara hall Hept

Maximura Belling, 72-9/10)

From

Washington that), the]

"

154-15/10

2.8001 2.5040

2.50%

2.7834 2.8078

Denmark

.1451

$3.70

Switzerland

Others unchanged.

2314

194.30

LONDON

34.10

Closing rales:

New York

Montreal Ameterdärni

-/10

SINGAPORE Closing price; all in Siraits

Jirusepi

Lob. Malayan Copenhagen

(d) Frankfur

LOT-207AL

100-105% #lockholm

100-101 2011011

-1103

atiian

Vienna

Rubber Market

Singapore, Sept. 14.

rated by Princess Alexandra of

2200 up. at 120 rpm, giving Kent on Tuesday, Novembor a spad of 15 knots, and will 3. The ceremony will be at be fitted with a cyriotal pru the Barrow-in-Furnass Ship- peller mounted in the bows to

now

give additional manoeuvrabilly yard of Vickers-Armstrongs,

Power for the propeller motory where the ship is will be supplied from four building, diesel-driven

main, generators

each rated 985-kW at 120 rpm, The Orlana is a liner of 40,000 the diesel engines being manu- tons gross and will be the big- factured by Mirtless Bickertongest passenger ship launched In Britain since the Queen Eliza- and Day under sub-contract,

beth, twenty years ago. She is 804 ft overall and has a moulded breadth of 87. ft. The maximum coch main draft is ai fi o ins.

CENERATORS

Coupled

The vessel vill have a service The market opened around generator will be a 300-kW

the previous levels and auxiliary generator, two further, speed of 275% knots, which will

300-kw auxiliary generators reduce the time of passage fram ruited very quiet with being seperately driven by their London to Sydney by one week fluctuations. Majority of own diesel engiics.,

as compared with present lips. dealers were disinclined The six auxiliary generators She will carry about 000 st to trade awaiting clari- be used to supply the and 1,000 tourist elus passon- fleations of United States them can

ship's loed, and any number of pers. The clew will runder 600, all recommodated in single or be switched to a

two-berth cabins. She will bo stockpiling 'polley.

special cirqult for the boair conditioned throughout. propeller ant cable bying sheet Interest was machinery. The equipment in RELAXATION mopgre and largely confined to this circuli will be similar to Bebtember pallion.

For relocation, there will be that supplied In 1840, for the The market rilled very quietPost Offley cable-laging ship three swimming pools, a large throughout the afternoon with Monarch.

einema with a baleeny, as woll little bualitas passing.

The propeller motors can be as a ballroom, end dance floors, covering before holiday

the with to directly controlled from posi-

usual patsenyer monew ecused a suten spurttions in the bow at the stern ameritici. The zuperstructure

Lower

Some

and when this was over prices of the verse as well as from of the liner is butt of aluminium cared to Bithly bolaw thb

|---1,010 tona of it—bril la, the the control cubicle in the engine largest all-welded alumnihtum Best levels of the day..

[uper-structure ever built into a

In New York, rex rubber 100m.

The stop is intended for und dip. futures cloned 10 higher, to 20 points lower with sales of 20 mainly on deep ben cable te contracts,

pairs and salutitarke, especial: The Oriana will be filed with In London, the rubber market ly in the Alfalt, und will, system of transverse peb

puisigh,, devised by Vickerse 44 genrple Armstrongs, to, Ingliitate way dull with. spot quotes at replace the

Gertrian-built Alert. (Amovated manoeuvrina in confined watere | 3371⁄2 penes.

In Amsterdam; the market Mooirieni was dull today

UFI.

Tikiustitor

Ltd Tile maximum horsepower

*Rugby, Warwickshire, England.) | 50'00,990.