Page
#
THE CHINA MAIL, WEDNESDAY, SEPTEMBER 16, 1959.
LONDON MARKET BOOM
London It All Started
Closes Mixed
London, Sept. 15.
The stock market closed mixed today with bullish Hentiment dnipened by the renewed weakness on Wall Street and a further sharp rise in the U.S. Treasury's borrow. ing costs.
Industrila were moderately Jower, Steels however rallied from a weak opening to finish higher on bajaner,
Gold stocks
firm.
Rubber
were quietly
Olls were easier.
stocks were un- the annotatement
alfested by
of the government's decision to
underd some of its sockpile.
Groks word fractionally higher in a quiet foretan band! market,
Gilt-dred scenrition. cased
talk of hlgr interest rates---ÚPI.
on
Closing Prices
tilledged · Florista
Beth Trungont
Kousuke 22-514 C$ -4222413/18.
With The
Election Date
"
London, Sept. 15.
For a week the London Stock Exchange had drooped. It was still a healthy
HONGKONG New York Stocks
STOCK
EXCHANGE
YOU? DWH Correspondents
Buyers Bellera
Bhares
HK Bank 037
Union
SHIPPING
Bates
Business done on the Hong- enough market. But compared to kong Stock Exchange this morn
mood the rollicking
of lato the Ing amounted to approximately $1,180,000. Neon quotations and markat was plainly depressed. Com- the morning's transactions: mentators and market men seamed BANKS to agree that America's hoisting of INSURANCES short term interest rates was not to Lombard blame. The
scattoring of solling Wherlock und reluctance of buyers fronts was instead blamed "olection uncertainties."
со
40ts
.co prot
foil tbs 0.55 2000
103 40
4.50
Decline On Cautious Selling
New York, Sept. 15.
Cautious selling sent stocks down inore than $3 billion at one time today but a late rally re- covered more than one-third of the loss.
Trading
was heavier than yesterday on both the downside and upside. The rally reduced Tasses in many ley issues and enabled others higher ground after early weak
IC. Wharf.. 102 103 4019 3rovide 13.20 13:25 1500.. 13.45ness. Talkou ... 325 31 LAND F
on
all
DOCKS, ETC.
on
HK Hotel 20,0 20 20) 20.43 3603 * 231,
23
17
1.4) 13,000 1.875
This assessment was confirm tally enough this group is all
forward
with 11
Callr. Packing Corp,
Cana. Bk. of Comin Campbell Set Co. Canadian Paciite it.
Co Uk to.
Cal Tractor
to break into. 1. 1. Financial (r).
Such stocks os Fera, Bothichom Sicel, Yeungstown Sheet Tube, Eastman Kodak, Reynolds
34 123 Metals, New York Central, ani
100:4
Southern Railway managed to convert early declines Ine gning
New Zealand To Open £5,000,000 Airport Shortly
Wellington. NEW Zealand's capital city is set to win a place on the air maps of the world with a brand new airport carved from seaside bluffs and housing estates in the heart of this southern seaport.
The £5,000,000 Nongotal wire | miilimum height lending, was port is due to be opened for- fre next best thing. mally on October 24 by the Governor-General, Lord Cob
a feet of visiting ham, and civil and military aircraft,
Laid out beste Wellington's
| Chase Maghat, Hank
00
Coryaler Motors
theth Prabody
Colgate-Palmolive co.
50
Cilemblay Carbon Co.
47
&
Commercial Credit
C
Consolidated Edmon
Centinrutal Oil of Del.
$1
į
Crane Co
Crown Zellerbach
Cubest Amer. Sugar
Diamond Alkait
32
rounded by blufts
Demalen Storen
CO
40%
Rongolat sechied
Dupont de Nepotry.
Eastern Altiine
to Natural Gas
3.375 3.423 103 345 at the close running to a point
NK Land er when thes Prime Minister, i for cheap borrowing. They ran хи
an herome very huffy Mr Harold Macmillan
aucet The much-fareast central government which en Humphryn October 4 as the poling day in ferees cronome interest rates 1.373
RUBBER ther General Election. The
Amais..... businessmen believe Again market threw its 1nt in the air
Sochiliis art more kely to be, Trust and went frolleiting $978/04 -
again. In one day, the Finan-impressed by this huffiness and A. Tawah : 3.712 cinl Tirnes industrial shares they knew foo well what would Sungals index gained four points. Gilts be the effect of such yielding UTILITIES brightened and on The Con on country which like Britain vulnerable to the move- tinent sterling come back into is favour. All this was attributablement of foreignį "furids, solely-or so it seemed to Mr
There are other pressure Miemilian's naming the day.
groups which the Socialists Petric "The Economist" wryly com- mented all over bor the vol Ini?""
Conversion Lamy 12, 1960-201 Finding Lourt Art Hobro -ĽAD, Funding Stock By, Tortyzot
Funding X 201-5/18.
4
1900793.
SG TI THPT. KH Savings du PARTS-EN,
Batley's Bank "A" Ltd Qnd -99.
Chartered tank 49 34. Hongkong-2,
Insurance
Union Insurance Canton --EA
Aircraft and Motors
British Motor Corp. Ord-168 $0. Fa Motor 2017€ 0,0
Fireweries
Dunmera Co-2 Ajuda
Hudleg and Materials
Unjustified
Within a few days the Stock Exchange had got over this quite unjustified nutburst fun- justified because the only freth 270812148702
Aelated Portland Cour-factor was the actual
of a date which had been con-
Pinchin Johnson. A spelatës Ord-fidently forecast for long
24%
Cool, Steel and Engineering
Babcock & Wilcox L-179 188;&
Viser 1 7.
Food and Tõdacro
British American Toh Co., Ltd. 5631
perial Tubace Co., Ltd. 57 440.
Miscellaneous Ihardman Marden (Ex-Caltaba
Brlish Oxygen 1.1.
4.
0-2 Tad
Canadian Phelde Rly-$10.
Dunlop Rubber C241,
Homerking & Gas-13
Imperial Clienten-4 10:20.
Lynns & Co-700 Bade
Unilever Lid! - Es Te
Downter Pan Cup Ord 15% 9.
Radio and Firetrical
Aselated Elvetieni -35% Electrical & Musical--53 414 English Eleriyle Cum-fits 34. Groeral Electriv. 3
Shippi
Indo-China Steam Nay. Co. del: od 31
enough) and everyone inst
trance to get things into proper perpretive once more.
As I write this the balance
or popalar opinion still favours victory. And 1 Conservative
so far as the business world is concerned that is as it should
De.
I
X A
would find it diferit If nol ku-Maco E possible to rests: groups suci: Tel
or more.
LOWER
Losses in the list running to two points or more were fairly numerous and the market was lower on balance.
American Motors was one of 1000 w 23 the most actively traded issues
Dard
Drugia Aire:ast Dow Chemieain
Festézu Kitak
FIRM NEL City Bank Ford Motor Co. of Cana Ford Motor
of the day. It closed fructional-Genty out
ly lower despite an optimistic Glades Co. .... forecast by its President.
Today's volume was 2,830.000
44.200/ 341
41234172
3.1.5 વાડી
2
33
2301,
Yniti
14
129
458 119
12
11
C. MARIA
..
17.9.0
170)
172)
3.70 93 83 102 10.30 2020 29.40
RSO
30.04
3100 v
29.49
...
29 20
20.0 29.30
o!
INDUSTRIALS Comment
STORES, ETC,
.....40 15.70 Dairy WALIOR
18.30 21.0
34 34
1300 34
400 18.35
2400
45110
6180 4.1-0
2005 A 6.10
THE
Dow-Jones
3000 24
1000
11 0
were;
11.00
않다
2000
11.1.0
are
credit. The
it int office they
either Allied don't of or
wholly Inevitable result
13 utilities
6.40
2000
CS *tuck
SURAG
1030412
10 bonus
12.3
750 $
HK & FE
Comm, future price index
750 0
Invest..
11. 12.10
200 60 12
: miners with seek sterile protectionist fuel palley which would deprive industry cheaper forms of fuel in favour of home produced, coal Anu thereby boost the nation's in- dustrial costs.
Foreign Investors
Finally businessmen fear a Socialist victory for the effecti
1. Craw
COTTONS Textile
it would have on foreign in- Nanying .. 11.00 11.70 vestors. What moderation there
has been of the Socialist Party's INVESTMENTS economic policy since last held ignorant
ever
PLANS FOR HAIFA
shures.
Of a total 1,227 issues traded ¦ Idaho Power 243 were lugher and 779 lower. Impeda
fager Rand American Exchange volume Inland Steel Co. was 930,000 shares,
Bonds volume amounted 57,420,000.
Schuls
20 Talk
closing averages in Tel & Tel
Closing Prices
Abitibi_Pwr, & Paper Akles Inc. Acy. Algoma Steel Corp
130,80
|"dehta. Moewille Ca.
Kaser Industry
Kansa C. Power & Light
151.34 Kenzell Copper
Kimberly Clerk
60. Liggett & Meyers Tob. Co.
Lily Tulip
Lion Ind.
Lockheed Aircraft
Low Incorp.
Lane Stat Cement Co.
Lowenstein & Sas,
Medernolt 3. lay
McDonud Aircraft
blue-green harbour and sur-
Rongolat is the first airport in New Zealand at which full indar watch and guidance will be dmployed for airways and uitvort safety.
The Intest type of civil radar nad developed
Was bulli by stretching away into mountains. Marconis of London to the
an unilicety
place to build an international specifications of Rongotai wiero wild weather and driving, heavy airport-unti It was done.
A tiny airstrip used as a base
ral in particular, is an obstacle to radar. RADAR
The survelilance radar perched of Mount is ultitst
for a terry service of small air
here acroRS Cook craft from Strait to New Zealand's South Island formed the nucleus of on top
will watch the skies day and the project
of the mile-night for aircraft as far away
If
clip-
But creation long runway and a cluster of os 100-150 miles, and will re- terminal buildings involved the port their movement and
airways trac removal of about 150 homes, tenees to the
chop- centrallets, fattening a small hill,
weather vloses down ping away a bluf and reclaim-
Rongola, the DC-â'a maybe ing land from the sea.
was stretched diverted to Paraparaumu white The airstrip north-south across the narrow Viscounts will be re-routed the miles to Mlicon, near part of the Miramar peninsula, D which juts out from the centre Falinorton north.
of Wellington into the harbour. It runs from Lyall Bay on the Cook Strait side horth to Evans Bay, dip in the main harbour. the this city To citizens of most spectacular feat was the transportation of homes to new sites.
The airport was opened for passenger flights on July 20 wheh two Viscoitals look vil for Auckland and Christchurch.
Dutt until Tarn Empire
Airways begins its direct service from Wellington to Australia ih 1900, Rongotat will be avaliabla for internal use only.
to
bo
Bongotai will have developed to take jelliners Eko the Comet IV and Boeing 707.
But the planners can extend the shiny
of runway
The wooden bungalows of longotat Terrace and on the Jutting bulk of Moa Point were hoisted from their foundations and carried to new sites on te- claimed land in Evans aboard huge, articulated motor | Rongotai further, out over Lyall
Bay to
AZZ
170"*
Georgia Pacifie
421
General Dynamics
401
General Eletrie
70%
General Nas
Gen, Tyre & Rubber
6012
2013
Gandrien B.F. C
Goodyear Tyre
Gut all......
1000
Heyden Newpari
u want Corp.
13+
100%
Huson Hefrig
josi
40
40
Butt Bless Machines
4051
to Harvester
4814
International Nickel Indarmatieans Paper
124
321
01
10
49,
6134
500
2012 30% 201
IA
39
30%
#3514
Mesall lion Corp.
Mineola
Minto
134
Miralen Development
27
361
11002
Monsanto Chemical Co.
401
4715
Meritznery Word
521
35
Motorola Tac,
50x
National Breult Co.
25
Nritat Cash Reg. "A"
501 loys and
Sattel Dairy Prod.
5122
National Lend
115
53
National Steel Carp
DE
201
New York Centrai
291%
4812
Noranda Mines Eld.
buvo joined
135
Nertul & Western Ny.
DI
Nuri Amer. Aviation
ZJA
Northwest Airlines Com...
31
$71.
Olin Matieleron
424
Os Elevators
201.
Owen-Elinnix Glass
912
703:
Oxford Paper Co.
47%
DA
Pucille Gas & Elec.
G1
CO
Pan American Airway
2311
77%
Puramount Pictures
43
201
Parks Davis Co.
43
Fenny J. C. Co
107
104
Penn, Salt Co.
23!
4144
Philip Morris
471
baligh
Pitney Bowes
o
possible to ensure
night to become: Commercial Bank Limited.
of Scotland
į
Burniness was done in the local
market exchwing men
th. salg at the
1.5. auftor» (per 1
0.7% Sterling notes (per £1 Australian holes (per £3) .. Indonesian rupiah (per 1003 ..
Singapore (Straits)
321
Beneficta Finader
22
Bendix Aviation Corp.
Procter & Gamble Cn.
130+
Co
Pittsburghs Plete
Benguel Cons
Bethlehem Steel
13.05
Boeing Airpione
12.50
Borden The) Co.
0.41,
Burrough Add Machine
20.0.
18)
Yesterday's Closing
of this therefore is that they i would be Iess willing to lend readier to manifesto, money and election In their
have been withdraw II. the Conservatives. necessarily general in
their
These then are a few reasons economic
Once references. orain they
their why the British businesmen are announce
so anxiously hoping for a Con- British "double 10 policy
servative victory on October 8. in the andard of living generation unl to ensure that London Express Service. all section of society share in the expansion of wealth."
For strecess in this they pos-
P&D Semp Navigation def ord | fulate three conditions-a strong
- KL.
Slurry Great Univeral Storey "A" -44. Marks&Spencer Ltd Std.
cost tayalais sis
F
W. k
720.
Textiles Coats J&PLAd -290 4120.
Cogitauids Li
Mines
Carp of South
Anglo-Amariean
Africa-2 7.
Cons Goldfive of South Africa- {itd.
Con ine Corp. Thu-GIS 34.
Jet-16 3d.
Delair Development & Invest.
Fice
inent-17 1:50.
Hongkong - lyd.
renting Tin-.
Southern Kinta Cons 141-264.
Ratic-1031
Union Corp 70
West Driefontein
1704
CA
Wert Hand Cerk 4.
Britids Borges Petroleum, Syndi
cat-54.
Dati Poir.m
sd.
Eur43
Co., Lts-32
Royal Dutch Petrorum CIM Shell Transport & rule-14
-Bruter.
་
WORLD BANK'S
CAPITAL INCREASED
Paris, Sept. 16.
A major increase had been
effected in the capital of
pound, expanding trade and Frational unity-the inst mean- for a get together of manage nical and inbour.
Opposition
Naturally
twy
Scottish Banks
Merge
London, Sept. 15.
Dank
The Commerelat Scolland
of
COPPER REFINERY Allied Cmicals
Pinns for
Allied Mills Inc. AUA
The Shoe
Tel Aviv, Sept. 15. Am. Dra
a joint Cypriot- American Airline Israeli enterprise establishing a American Cable & Radiu
Corp. copper refinery in Halta to pro- Amerléan Cyanariid Co. cess cupper pyrites imported Amer. & Furgn. Power from Cyprus are
now being Am. Gne & Eleelrie
Am. Home Prod. inalised, usually reliable busi-
Am. Mack & Fdey American Meini Boss sources have stated here."
A new company The Israel, Ore Processing Company--tics been formed for this purpose. Tetal investment is estimated at (£800,000).-Reuter.
A. Natural Gas Amerte Sineiting Am. Suger Rel. American Trl & Tel American Tub, "8"
Anaconda Copper Armen Stre Armore
Allas Coas, Mining Baldwin-Lima-tom
and Limited the Exchange Rates are
of Bank
Scotland of National
limited merge at midnight to- the National
tho Conservatives have expressed their utter op- position to "any extension nationalisation
whatever means."
biore noteworthy Though in their vow to everything
ភព
The new bank will be open commercint Improved standard of operation and less for business tomorrow-China-Shun ticals per 100) centralisation in those industries Mail Special. already nationalized."
In
None of this unexpected other words the Tories mean to continue the process they have begun by encouraging business lowering taxation expansion, whenever possible and ready to take action if the pound is in danger.
There are the Conservative aims and the thought that the Tories will be returned to pur- them is enough to set
the Stock Exchange dancing.
But fundamentally these are the aims of the Labour Party 100. Why then should the victory thought of a Socialist
the World Bank, with, nationalisation weigh very authorised capital doubled heavily with businessmen other trom US$10,000 million, than utarmists.
to
US$21,000
Bank of Montreal
British Amer. bil
Brit Colesbia PWT.
COMMODITY PRICES
SUCAR
NEW YORK
Closing prices all in cents per
Estale
Crepe
thin Supt. unquoted tilek Sen. Eną, vied AMSTERDAM Closing prices all in Kullders per kilogram, c.lf. Sept,
No.
2 rather
No. 2 rubber
No.
3 rubber
No. 1 cipe
2.15 mm, 2:23 hom
.11 noin. 40 nous. -VPI..
METALS
NEW YORK
bring angulsh to businessmen?
I don't believe that fears of
Ib.:
Oct.
Contract No. 4 (world)
Jen
March
Blay
July
Bept.
Oct..
Obstacles
Spot-ta.b. Cuba;
Total Sales: BGS contracts.
per lb.
Open Intervat: 7,931 contract.
Lead Sept.
an-
Their fears stem rather from the belle? that the Socialists
Contract No. 6 (domestle)
5.00
11.17
OcL Zine Sept.
Oct.
4.01
million,
Mr Eugene Black, the
president, bank's nounced today.
for all their honesty of purpose | hivy would and their pursuit of Spot(ct. "N.Y." ex-tuly) 0.00 those alms too beset with ob- Total Sileo: none. stacles to be successful.
UPI.
Increased capital subscriptions from member governments amounting to nearly US$5,000 million had been received up to. September 15, the announce- by
nent said.
Such obstacles are raised pressure groups to which
Of this amount, US$62,520,000 the Labour Party is linked
would be paid in and the remain.
The largest and most obvious
of these groups to the
Trado
der would be subject to call to Union Movement. The Union's meet the bank's obligations.
MORE EXPECTED
the
im-
10
Open interest: 1,551
contracts
RUBBER
NEW YORK Rex rubber futures closing prices, all in cents per lb.:
Sent: 39.00; Nov: 33.00; Jan: 33: March: 34.50: May: 34 July: 23.60; Sept: 32.70; Nov; 32.45.
Inflationary influence is a his- torical record. In retation to Forty member governments the rate of increase in national had acted to increase their sub-income their rate of wage die- scriptions to the bank's capital mands has been to say
least, unrealistic. Nor has there and further increases were ex- pected from other members, the been any concrete evidence that Labour Governmerit announcement said. Doubling under
any less they would be of subscriptions by member
although moderate. And had resulted in govcraments
would suggest that one The larger part of the increases Torles would get any received.
change out of unloris, business- The announcement sald 17 men do believe that they countries, including Canada, less
likely to yield to Germany and Japan, ' had · al- { dationary pressure. ready made or indicated their Another econoinle pressure ports: fiftention to fake-speciál dd- group is made up of local ept. ditional subscripttoria-Reuter, government authorities. Nat
LONDON Closing prices all in per lb.: the ING 1 Rei spot
Settlement our term: moro
Ocl./Dec.
penco
31-33 3314-3044
NEW ORLEANS Closing prices all in cents per 16:
Glass
Publicker Industries
Prime Oil
Radio Corporation Radio Corp. Pref.
Raytheus
Republic Steel
Heymnica Metal
Royal Bank of Canada
Hron, Roebelt & Co.
Shell O Co
Safeway StoreN
Saint Rog. Paper
Schenler Inc.
No. Prpor
Beard Oi
Salth, Cre & French
transports.
Bay
new
accommodate the big
Inngbitante roused ke good Podle jets.--China Mall Special.
101, citizens about the dust, the de-
the inconvenience
during the last five years. But Oil
now that the project is vir
Cargo
sually complete, the complainers Heating System
the ranks of the proud and the pleased,
The air-minded eltizens of Wellington count
themselves
151 unique in the world with their
International airport next to the
elty centre.
bus-ride away, 20 miles to the
A
NEW type of cargo
heating system for oil tankers is reported to hovo
given good results after prac- tical tests at sou.
A
Along with most other world The system is designed to engltals, Wellington's main air-redice the internal steam travel port til now has been a long distance to a minimum. Steam is introduced into a tank via a downcomer which is connected northwest at Paraparaumu.
Passenger tacliities, freight car the base of the tank to
longitudinal steam header run- depots and hangars are already ring parallel to the thwartships workable. Radar.
radio, bulkhead Concacolod at right telecommunications, lighting, the engles to this header are a Dirport's emergency power sup- culculated mumber of anali bore, plies, a full meteorological sor-aluminium brass tubas running vice and various other details, parallel across the bottom are being installed.
5712x
BUS
40
17xd
100%
10
NOT
731%
371%
EQUALLED
and
No previous undertaking in New Zealand has equalled the $1 building of Rongotal airport.
354
Reeny Mom On
Solr Artafl
South Co. (The)
Sculty Notemi Gas A
32: July:
Standkast On Standard CV! of NJ.
Suußern Jattway (Com) Standani Francis Standard Oil of Cal
Ind
70%
LOV
BO
RO
1
LOT
471
Spot: 31.35; Oct: 32.61: Dec; March: 32.60; May: 32.84; 32.3: Oc: 30.43; Def: 30.42.
SAU PAULO (Claring prices all in cruzeiro
per kilo):
Oct: 70: Dee: 7030: March; 30. Average price in US. 41 14 - signated spat markets: 32.90 centw; Total sales: 313940 holes.
LIVERPOOL Closing prices per. ib.:
Steel Co. of Canadi Steen Rock Stering Org Co. Stokely-Van Camp. Stone & Webarber Swin & Co. Texas Co... Textron Ine Thicket Cheng vie Tide Water Art. Dil
ine Inc.
all In pence
Tri-Cont. Warrants
:
Aniertean Contract Oct/Nov: 21.00: Dec/Jun: 21.00:
Closing prices, all in cents Marsti/April: 21.85: May/June: 22:30:
July/Aug: 21.80; Oct/Nov: 11.45.
Mixed Contract
Dec/Jan: 22.20; Oct/Nov: 229; March/April: 2230; May/June: 22.30; July/Aug: 21.75; Oct/Dec: 2145.
Copper Bept.
Oct
Tin Sept.
Oct.
11.03
11.05
11.12
11.15
UPI.
30:15
30.35
101.50
101.50
LONDON Closing prices, all in sterlin
per long ton.
Buyers Sellers
TIR
Spot J-month
193
7831
703
704
Capper
22017
22012
-mont
Lend 2nd hate Sept.
70%
Zine 2nd halt Sept.
Dec.
COTTON
NEW YORK
FOREIGN EXCHANGE
NEW YORK Clasing tales:
Canada
......... England ometal
30-day
634 Australls
00-days
New Zealand
South Allen.
Other unchanged.
LONDON Closing ratts: New York Montreal Amsterdam Irrecis Frankfurt
Closing prices all in cents per stockholm
arc
Jan/March Aurii/June
-
July/Bept. 001./Dec. General
Ozia: Poria
markets, c... La
ungdotad
Sprat:99; - Oct:
2014-2015
37.34; March: 32.00: May: July: 25.50; Oct: 3949; Deci 30,44.
Allian Dee: Vienna 32.00; Zurich
Nov.
1.05-1/31
2.8049
2,8005
£2,3009
2,2455
2.70-15
2.2005
Twentieth Century Fox Fum
Union Carbide......
Union Oil Cal.
Union Pacific Raliway
United Aircraft
United Fruit .... United Gas Corp.
U.S. Fol "n" US. Gyprum
S. Line Co. US. Rubber, U.S. Smelting V. Steel ... US Steel P.C. PF Warner Bros. *** Waukesha Motor Westinghouse Air Brake Westinghouse Electrie Western Union Tel. Co. West Va, Pulp & Paper Winn-Dixde Stores
Wonarth (w.y Zenji Nadio
TE
2712
of the tank and connected at the other cd to a riser which con-
and
ducts the steam and condensule away to dock steam traps exblust multa,
The manufacturers tay that Skill und Ingenuity way need.
an initial installation ed in the building of a break colis called Alagrid has been.
of these
| water
and sea-wall in Lyall teated on the. Esso Westminster, Buy, where the waves coll Inar Esso Petroleum Company from the open sea with Limited tanker. The manufa Frestrained fury.
turers calm a higher heating Teams operating huge earth efficiency. than conventional moving
cul and methods, and say that this is the transported 4,000,000 cuble Arst header system, incorpora- yards of rock froin Moa Point ting small bore pipes, to be fully
and in Lyal Bay
Rongotal and successfully tested at sea.. Terrace.
All the stuani travels an equal The airport is being con distance from header to header
machines
49 structed by the Ministry of giving a raplit use of the steam. Works, in conjunction with the Tho grkis are fabricated trom Wellington City Cotinell Tlio na bore tubes with consequent 10 Council is responsible for the increase in heat emission from a
263%
i provision of internal and exter-reduced surface area.
nil
(Steels
services roads, Atbrn Engineering Installations Ltd, water drainage, terminat build- Crown Works, Sunderland, Eng-
land.) "sitings and associated facilities.
by 125 feet wide, within which 1,000 Radars
The airfeld 8.150 feet long
10
is the paved rhway-160 fcc!
100%
wide and 5,330 feet long-pluž
concrete stopways, 250 feet at In Nine Months
the northern end and 150 feet TN the period of nino
at the southern.
A 60-foot-wide taxiway, TUNE
1391 parallel af the ensteiii side
MOST ACTIVE STOCKS
months since the D7
of Sefits of marine radar was
Decca
the runway to provide the con- introduced by the sheeting route between runway Radar Company, orders have
Ten most active locks to daytim
hhd terminal area. The payed
area additional to the taxiway now been placed by ship- ald runway will total 22 deres owners throughout the world under for the fitting of over 1,000 Forty-five miles ground enble were required to vessels of all classes.
of
ervice airfield, ghting, power Installations, all cornmunica- tions.
on
Among recent orders placed
for the TM 909, the most nd- to vanced radar in the series, are
Four concrete buildings house radar and radio have the three passenger liners build- Mounting for the Royal Mail Lines, of bern constructed
Amazon, was Hawkins, under exposed condi- which the first, Jons at an altiturio of 1,850 cently launched by Princess Margaret; the Leonardo do 10 unchanged feet, about 41⁄2 miles south-Vinci now building in Italy ta
Valuma Block Close Changea 100.509. Air Motors 80% of 36
Because of the sea at either place the Andrea Doria and the Bremen, which hoe just the end of the runway and
completed her malden voyage. bills at the harbour approaches,
The policy of the Decca Radar a radar system which automa- Company
this
50,700 Atolton
PFD
was of the sirport,
2.0031-2,3016
19,000 Amët Tel
703% ON AL
2.00-1-2.001
50.00 Blude bakor
$93032-10.0016
Pakd WI
12
79% up
of lá
11.131-11.7374
34,400 Studebaker
20.001-30.01
13
unchanged
ke
13.75413.7314
unchanged
14.51-14.014 17-174042
2011 of 14
7455-73.50 13.1314-72.53
-UPL
UPI.
140.3235-140.57G 10.000 Ford Motor
32.400 AVEO Corp 11
20,000 kardərd v
“oil NJ
* Mo United By of
$6,000 NT
in providing leally guides an aircraft, to series of radar nipperly suited the moment of touchdown was to the addividual needs of any given ship, seems adequately radar, fasiifled on the basis of theid
net porrible for fungotal,
Precision approach which brings aircraft in to
regalls.
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