Page
THE CHINA MAIL, TUESDAY, OCTOBER 27, 1959.
BRITAIN'S DOLLAR GAINS
HONGKONG STOCK
EXCHANGE
By
Our Own Correspunden!
Convertibility Of Pound
Sterling Helps
London NY
Closes Mixed
Londori, Oct. 26.
Advances On Possible Break In Steel Strike
The stock market clowed London, Oct. 26.
Business done at the Hong Sined the Concral Election the Bank of
kong Stock Exchange this morlug mouneid tu appro- ximately. $1,985,000. Noan qutations and the
transactions:
morning's
Shares nyer Rellers Baler DANKS
1040 0 2045
30 1043
1043
1000 1,3
H.K. Hank
INSURANCES
Halon
27
Underwriters
SHIPPING
20
Wheelock
..
0,95
Jits
5237
1000 l.
K. Wart
121
123
Dock
400 400
00057
Waterboat.. 25.00
Provident 14.00
יל
100 121
1200 K 5715
300 57
13
સ
2004 1480
mixed today оп fairly active trading.
Gains and Losses were
and electrical equipment shares
weakened again and molcm.
irregular.
Institutionn
stocks
Improved on buyin Coppers finished
with net
England's gains of dollars and other generally equally distributed la foreign exchange have probably boon the dustrial Fist. Engineering useful rather than massive, partly were fm, but shipping stocks because Holland and some other breweries and slores were European countries as well as Canada Gold and the United States have been bidding and high interest rates to attract money, but ins mainly because there is no post-election | trading reversal of a pre-election outflow-con-changed. trary to almost all expectations there was no such outflow. Sterling's undertone, renains
3000 29 1410 | firm. However long it lakes, the
1000 m 142D
trend seems to be lowards full convertibility
sterling-on of
100 55%20pital as well as current account 503 and for residents as well as non- 200 201
300 14
1750 15
Taiko
Dick 26'
*
LAND, Erc. HK. Hule.
HX, Land
13
1670 16.90 1701 720
Humphreys Healty
RUBITH
בעה
16 3.70
THIS .... 4.325
UTILITIES
557 2015
500
31.
1200
39
200 334.
2000 4 18 RO 2000 un 17 5000 m 178
7 1 1 לאון
* 100%
1220
3
32
32
300
Star
Ferry
134
You
12A
..
ཁྐྲའི་ ིི་རྩྭ་༔
12
residents.
Tall Order
At a time when, with some dollar discriminations til In 4291; force, sterling is not yet fully convertible for residents on cur- reni necount, freeing of capital exports sounds like a tall order. Yet it seems to be on the way.
de-control tourist spending was accoin- panded by a töken ceiling to prevent unauthorised capital exports by tourists.
100 # 134 200 134
700 134
300 120
TOU 130 900 129
C Light .. 20.40 2012 ORE 20.30
Ejectne
20 60 25 60
Electric.
14.40
22IN. Telephone 31 311 Cement
Datry .... 21.19 2030
$400 40 20.30 2140 * 20.40 1000 25.70
000 47 2370 500 or 23.67 1000 23.70
3214 14.00
1700 @ 37%
400037 2500 21.30 3250 - 21.00
150 24
Watron
21'2
Lane.
<traw.
Textiles
24.40 24.70
5.70
97%
1200 24.70 DEN $70
1000 * 570
15.00
Kanyang
Inst
ABird
IK. & F..
0.9K 0.00
450
javest... 12.20
New York Cotton Market
recent
of
While still bothering about
this chicken-feed, the Bank of England hes calmly allotted a large sum of dollars for British joint ownership in Buliding New York sky
raper.
It can well afford the dollars and in the United States though not perhaps Canada-
is the biggest This project cinalo Hem of sterling con- vertibility on capital Reemin
ince the war.
Like all other exchange on- trols, the restraints on capital exports doubtless keep out more than then it keeps in,
At least one prominent New York bankee advises the United States to stop encouraging capi- tal export, but not to restrain them.
A
min
|
Rubber
Market Review
Singapore, Oct, 26.
The market was up sharply at the opening on strong overseas markets and thereafter moved ir- regularly with short covering and profit-taking on a large scale.
Short covering in the carly
Oils were undecided in quiet Forcin bonds were quietly
Dollar Elocks
UPI.
were
New York, Oct. 26. Stocks advanced today when indications pointed to a break in the steel contract negotiations that might bring a separate agreement be tween the Union and Kaiser Steel.
The market started the day with a rush that sent volume to a new high since April 3. It con- med farge through the session, Prices moved higher, Steels the best were strong but showing price-wise was stuce the electracts issue which continued that the ingette of a stanet thet the administration will seek an Increase in appropriations for
Orm....in
Closing Prices
British CAMIS
CATZ
Giltedged Bondr
Transport 3%, 1679/89-
Cons707. Conversion Loan 05 1969.
Fundlag Lann
10/40 35.
Funding Stock 39:1, 1990/2901- £74!
Finding LN 4*, INGITO-£92. Savings S, 195/65-£921%. Sayings 35, 1960/73-LEN Savings 3G/75-CITS
Banka
Barclays Bank “A” Ltd ord-- 202
Chartered Bank-53. Hongkong-£50
Insurance
Union Insurance Canton-£52%.
Aircraft and Motors British Motor Corp.
1d.
Ford Motor Co—100% Gd.
Beaverica
Dillers Co-2 od
Crd-
share or
the space programme.
Gains ranged to $5 more in a long list of issues. Polarold soared nearly 30. Ampex rose more than $7 a share and gains of more thun $6 appeared in Lition and Texas Instruments in the electronics, Brunswick Balke gained $0 in the specials, U.9.
group,
rase, $5 in the building a
MOTORS UP American Motors showed л gain of $5 inte in the day in its rection. Studebaker-Packard issues ruled active and at bhs In the motors along with American.
new
Studebaker-Packard ran up a large volume to lead the market
*Huliding and Materials Axelated Portland Cenital-70%. Pinchin Johnson Arociales Drd-in turnover and set a new high 20% Gd
on a rise of more than a point. Others of the Studebaker group set new tops with the preferred up 25 points.
to d
afternoon freed price to V of a cent, Heavy profit-taking at this level ceased buyers withdraw and moved irregular- ly with sellers predominating.
Towards the close some new buying
caused sellem to be- come more reserved.
In New York, rex rubber futures today closed 55 to 120 points with sales of Tracts,
100 con-
Crders looking for rubber in the shipment market reported a scarcity of offerings. One re- ported sales out of Indonesia involved one thin crepe at $2% cents a pound, Oct/Nov, cost and freight.
Locally, current month No. Rss was quoted at 45 cents nominal, while quotatione ex- warehouse were generally with- held.
Coal, Steel & Engineering
Wilcox
Ltd 29 46; 36,
Food and Tobacen British American Tos. Co., Lt
Co., Ltd-07%
perial Tobacco
Miscellaneous Beardmar Maulen Lutz_415<t. Brush Oxygen Lid. Ord-775, Canadian Pactile fly---$47% Dunlop Rubber Ca-2% BA. Hongkong & Cyling Gas-13%, Lynn & Co-x 34 Unilever LR, D
Paper
Dowater, Paper Corn Ord–665. Jd.
Radio and Electrical Associated Electrical-680 M. Electrient & Musical-59%. English Electric Co-48s 3d. General Electric-435 50
Knipples Indo-Chin Stram Nav. C. del ord-31.
P&O Steam Navigation def ord
Stores
Great Universal Stores "A"-83
Markt te Spencer Lid-201-4350. Woolworth F, W. & Combis dlje.
"Textiles Coats J&P 148- 104. Courisulda Lid 4 d.
Mines Anglo-American Cord cl
South
In London, the rubber market was steady with spot Africa-elds of South Africa- why the reason United States can do without quoted at 35 pence.
In Amsterdam, the rubber such a restraint is because Bri- mrket was steadier today-- tain has one.
into British
New York, Oct. 26. The flow of American money shares might be Cotton futures today ruled
much larger if it were not qulet with prices showing deterred by fears of
bigger minor changes on either discount or switch sterling if side of the previous it ever wanted to repatriate. close.
This psychological
argument
UPI.
Agreed Merchant Rates
Con 01 1014.
Сопа Zine Corp, Ord-14% Gd. De Beers deT--180s.
Free State Development & Invest- ment--05:34.
Hongkon Tlamar $160.
Petaling, Th—or Cd.
Hanch=163. Ock.**
Southern Kinta Cons Ltd--284 01.
Waton Corp-19u terd
Driefontein Göldndung-180- West Rand Con
15.
Britik
US Dollars, Maximum Sell- A limit interest shown in the could easily be reversed. If the nearby months involved routine
ing. 17-21/32 Americans trade buying orders with seat that Britain will have to fol- 17-27/32 00 days, 17-31/32 90
T/T, 17-23/32 pd. became convinced
O/D. 17-25/32 30 days, lered hedging and local offer-
low Germany in de-controlling ings supplying the demand.
days. would Closing on a note of easiness capital exports (which
ing, 17-13/32; Minimum Buy- cale-518 380 Petroleum Syndi
the Hat showed net losses of one unify switch sterling with
to
the
six points. The market official rate) they might ix- opened off two to up two points. pect to get into British shares New Orleans closed up one to it the discount exchange rate of eight points.
they are quick enough, Traders found little in the later to get out if they want
Yesterday's Closing
and
to
nows concerning the crop situat
exchange
tion or the usual run of price-rate. shaping Tacion to generate new
market interest."
The Liverpool
closed
unchanged
to
market 15
010 under
English points higher but Now
to 744 American points
York
the
guaranired
Booming
British
Petroleum Co., Lid-53
mah-47 6d. Royal Dutch, Petroleum-£14%. Shell Transport & Trading-1449 30. --Reuter.
COMMODITY
METALS Meanwhile, the London Steck
futures. Reports Exchange does not need more".
sold textiles mills
continued to buy
week foreign money. It is booming
Last
spot cotton quite fast enough,,
for nearby shipment, but with very little interest shown for shipment
beyond December.
On International comparison,
Closing
| British shares stllt stem under-per lb.;
valued on carnings, yields and
Lead
Oci, Dee.
Zine
Dec Copper Oct.
Dec.
T
Oct.
Dec.
ot
Medium and lower grades con- cash flow (though there is now tinues to sell well, but offerings an argument that they are rela- contmued to be slow movers,
Oct, [tively dear on dividend yields). the report added.
The certificated stock today Until the under-valuation dis- declined 18 bules to 2,803 bales. #ppears, it provides d rational -UPT.
case, for retaining the ostensible restraint
capital exports, which has in fact almost cer tainly become a restraint capital import into portfolio in- vestments,
U.S. Exports
Rise Sharply
Washington, Ont. £..
the
NEW ORLEANS
Closing prices all in cents per
18:
· Spot: 31.15; Dee: 3238; March: anda: May: 33.15; July: 32.71; Ort: 30.73; Ded: 30.00; Mar: 30.88,
BÁO PAULO
(Closing prices all in cruzeiro
NEW YORK
prices, all in cents per kilo);
Dee: 71.50; March:,71; May 75.50. Average prices in US, at 14 11.70 designated spot markets: 81.60 11.80 cents; Total sales: 144,480 bolex.
LIVERPOOL Closing prices alt in petice
37,40 32.72
301.00
per lb.,
American Contract Oct/Nov: 21.79, Dec/Jan: 225.70: March/April: 21.60: May/June: 22.13: July/Aug, 2155; Det Nav: 21.08.
Mixed Contact bel/Nov: 22 Deo/Jan: 22.05; Closing prices, all in sterling Maych/April: 22.30; May/June: 2230; per long ton.
July/Aug: 21.75: Oct/Nov: 21-
A betier
to prevent way
the forelgnets buying up counter for a song is to stop |quoting it at a, pong:
Ti
Spot
3-month Copper
Spot 3-month
Oct.
and hale
U.S. exports ross (sharply, in As thic index of London blue
September, Department reported toddy, February, some progress has zing and fait Excluding military shipbeen made to that end, —Chloe ments, exports, totölled $1,427- Mali Spičila);
Cammeren ekips has nearly doubled since
epb,000, up 10 per
cent from
August and 10 per cent from
September, 1058.
it was the fourth straight
month exports exceeded year-
ago levels: This bolstered
Exchange Rates
official hopes that American Burles wadahet e Incal
males abroad ure focovering unonical exitiang bakat 15zim from a slumps.
morning at, the following releas
Higher apori would cats antides (1582, kij down the US, "ddfcft in its in- disition louka (er: 413) fernational decounts and reduce RIAA TUR
the outflow of guilt and doliury, Blas cats (per 100)
Singapore (Btralia).
LONDON
Buyers Sellers
Th
704! 10111
250
24214
ཉྩ,༞ཉྩཱ ཊཿཝ ཙྪིཡཱ
Dot.
Jan,
NEW YORK
1214
----UFI.
COTTON
RUBBER
NEW YORK
Rex rubber futures, closing prices, all in cents per lb.
30.30
20
Jersey Standard led the oils in volume along, with Sunray mikontinent and rose on higher
Chemicals, earnings.
ralis, steels, coppers and tyres joined the upturn.
Republle Steel and Youngs town Sheet and Tribe rose more than two points cach while others of the steel tion gained fractions to more But a point,
Coppers had gains of more than
Д point in American Smelting Anaconda and Kenne cott.
די
sec.
Today's volume was 3,580,000 shares
Of a total 1,224 shares traded, 658 were higher and 354 lower. American Exchange volume was 1,120,000 shares,
Bonds volume amounted- $8,700,000.
Closing Prices
Abilib Put. & Paper
Algona Steel Corp.
Allied Chemicals
Allled Milk Ine.
Allis Chalmera
A. Brake Shoe
American Cable & Radio
Corp. American Cyanaid Co. Amer, & Furgn Power Am Gan & Electric
Am. flos Prod.
Am. Mach, & Fdry, Americia Metal Am. Natural Gas American Smelting An, Sugar Ret. American Th Anaconda Coppe Armour
Asbestos Corp.
Baldwin Lima-Ham.
PRICES
Blankei crepe
No., 1 pale cree******
LONDON
to
| 371%
ati otio
Bank of Montrre! Berch Life Savers
Bell Telephone
FEMD
Page
Test Tank For Nuclear Ships
Of The Future
MODELS of nuclear-powered ships of the future
will be tested in a new experimental tank just **** | completed in Britain. ·
Beneicial Finance
23
Bendix Aviation Corp.
63
Bethlehem Steel
In the past, the tests in rough
Boeing Airplane
304
Borden (The) Co.
29
been confined to head-on and Plastic Hulls
Burroughs Add Machlue Calif. Packing. Corp. Cana. Bk. of Curam. Campbell Boud Co. Canadian Paele I. Case (3.1. Co. Cat. Tractor Celanese Corp
CIT. nanelal Corp. Chase Manhat. Bank Chrstier Moture Cluet! Peabody Colombian Carbon Cu. Consolidated Edmon Consolidated. Paper.
tental Oil of Del. Diamond Alkali Diamond Gant Distillers-Seograms Doug Alrcraft
Day Cheeseend
El Pro Natural G Family Finance Corp.,
water in existing tanks have
stern-on regular seas. With the
demand for higher ship speeds,
and the advent of nuclear power For Dinghies
with its high initial cost, it is
essential to ensure that thme
tain high speeds at sea under all weather conditions, good or bad.
N
Important contract,
for
A calling
It is therefore necessary to be production of
quantity plastics hulle
able to make model experiments for the now Alpha 12 h.. in waves of all angles to the sailing dinghy, has been middel's course and the irregular placed with the plastics do- These can be done in the partment of Bristol Aircraft
sead. new lank, using remotely-
F
KAP
new ships must be able to main-
2514
211
47
pact es, possible consistent with | type of plastics boat, reliablity.
454 LABORATORY
Ե Դ
301
12%
37
23
22
Firestone Tyre
Rubber
128
Firet Nat. City Bank
#21
and recording equipment, which must be kept as light and com-
controfied models, and consider Limited by in Oxford firm. able Ingenuity is going into the This is believed to bo design of the necessary control largest single order
the
ever
placed in Britain for
any
Ford Motor Co. of Cana.
175
Georgia Pacifle ...
491
tieneral Dynamics
General Electric
The Alpha is a thoroughbred #1 is comed racing dinghy
General Foods
General Motors
Gen. Pub, UL.
Gen. Tyre & Rubber
Goodrich 4. F.) Co Goodyear Tyra
127
Gruna Alecraft
2
113
Hammond Organ
67
Herden NewpGM Corp. Hlin. Walker
Gulf o
Homestoke Mining Co. Human Actriz. Torn Pow Inperial Ou
Interchemical Corp. International Nickel international Paper Int'l Tel & Tel
| Jolins-Manville Co.
Kaiser Steel, Union Sign
Agreement
Tati
12
51
20
The tank is part of Britain's to be the first British craft of its new Ship Hydrodynamics kind to be designed from the Laboratory which also comprises outset for plasties construction. a towing tank, 1,300 ft. long, Stuart Wilson was responsiblo 48 ft. wide and 25 (1. deep. In for its engineering design, and which models of projected sub-
Its hull lines were drawn by the designer, Ian marine tankers and cargo ships well-known could be tested; a water tunnel Proctor.
a measuring section 44 41 Inches in diameter: a vibration Laboratory, and instrument
1
10
with
Bristol's plastics department has built the prototypes of the Alptr and has developed &
30 laboratories for development, special process for in situ injec-
08%
12911
Washington, Oct. 26. The United Steelworkers and the Kalper Steel Corp. reached a contract agree. ment tonight, ending ID-day strike against the west coast producer.
testing and callbration.
tion of the bull's plasties foam
This foam.
injected into the cavity between
These new and up to date reinforcement. Lacilities for hydrodynamics 31% research and development, the Inner and outer glass-fibro designed to reproduce in the thells of the hull, gives the craft Iaboratory more nearly realistic permanent buoyancy. Tho
than has been Alpha sea conditions
represents the first possible in the past, will be at successful boatbuilding applica the service at Brijish shipbuild- tion in Britain, and probably in Ing. Their use should result in the world, of in altu foam injec- even higher standards of per- tlon, The rigid foam reinforces formance and rellability on the the entire hull structure arti high seas.
greatly increases its resistance to Impact damage.. RACING DESIGN
Reactor Vessel
Passes Test
*
PRESSU
It was the first break in steel management's hitherto solid front.
'The settlement was an- nounced by the Steel- workers President, Mr
David J. McDonald and Mr Edgar F. Kaiser, chairman of the Kaiser Steel Corp. following
morning und bargaining ses-
afternoon
alons.
201
*** *
108-108
12016-122
.
14-
Both briefed man commišice representing Kater employees for near-
Lockheed Aircraft
Loews Incorp,
ly two hours.—UPI.
Kaiser Industries
10
Kennebots Copper
Liggett & Myers Toh. Co. ty Tulip
POP
30
Lone Star Cement Co.
Loweniteln & Sons.
BORDER=2013 đi ng
5511
McDonnell Alterast
J
Mesabi Iron Corp..
Monsanto Chemical Co.
487
Montgomery Ward
Motorola Ine.
1174
National Bicult Co.
02
Nitional Dry Prod.
50%
National Sicel
Noproda „Minves
Closing pricer ali ih pence per Naltolk & Western Ry.
Ore/Des
-
32-324
303-31
Nortti Aser, Aviation Northwest Airlines
l'ou.
dlass
thxford Paper Co.
reside Qui & Elec,
1b
No. t a spot
Settlemenë house terms: Nov,
34-34 Olin ar
Owen
Jan/March
April/Juus July7Sep: Oct/Dec.
Oct
Nov.
(Com.j
24
***
48%
Pan American. Altways
Shave | Purambuni - Pictures
General markets, Eli. bass,
.......
2-204 Penny J, C. Co.
ports
Fern Bull; OBJ led Philip Marifs
32-3215
50%
Estate crepe tilh Nov.
thicle Nov,RAL AMSTERDAM Closing prices oli in guiders per kilogram, c.i.f. Nov.
No. 1 rubber
No. 1 rubber
No. 3 rubber
No. 1 crepe
| Pitney Dowel
Publicker Industries
Pure Ou
Radio Corporation
Redip Comp. PIKI
Raytheon
3.10 buyara Royal Bank of Canada
06 buyor Shell Oil Co.
3.06 buyers Safeway stores.
buyers Baint Hög. PipeLF
UPI.
FOREIGN EXCHANGE
NEW YORK Closing rates: Cibadu
-days
England
official
Nov,
New Zealand
May
buitre forhand
LONDON
July
34.30
Regiz
34.30
Nov.
34.20
Now York
SINGAPORE
Wighteen,
Asterdam
Clowing print all in Sữalis
cibang prices all in cents per centé per 16, f.di. Maleyan perte
Ib.:.
Spot: 23.78 on?' March: 51.77: Oct: 50.71; Lee: 30.10: MAT 20.00
1.70 30.03.
apok, rubber unbaled
Closing
Echenley, Ing.
Boost Paper
Smith Kine A Wrench
Bolag Atrorati
gduži Puerto rico Sugar
| Bouthern Co. (TDD)
| Southern Maturat, kuid
Southern Hallway (Com.
| Standard Brands
Standard Dif or Ca Blancard Oil of The. Blanderd QF of NJ. Bjork Co. af Cassada
Bidobaker-Packard · Corp. 1.00-11/16anics Mixing
2.8003
2,6068
2.FROM
| Switi di Co.
Textron Inc. ...
Thinkol Cham.
Tide, Water. Oll
Tri-Cont), Warrent Twenth Century Fox Fun tuan QUE DE CM, LA DISKA 1/16 Uon, Polis Hathway
United Alegraft
Fillides Feuill
18. Libe co
wari, Vas Pup: A Winn-Dixie Clores Zentih Radia
sure
at
In the Alpha a fresh approach has been made to the problemis of racing dinghy design. The result is a dinghy with excellent performance, maximum safety were und minimum maintenanco
RESSURE tests
recently completed on costs. The craft has a perfor the number one reactor pres-mance at least equal to that of ally existing 13-footer. The boat Berkeley is virtually unsinkable and that, vostel Nuclear Power Station, even if it were eut in two, both Gloucestershire. It is the parts would float and support
The hull is ex world's largest reactor pres- the Decupants,
Tremely robust. and, belug sure vessel ever to be stress
colour-impregnated, will need Faced with the no repainting. relloved. mam--th task of heat treat- ane operation a mild Ing ste restel weighing 1,000 fot, Surrey firm installed equipment requiring a 21⁄2 and abroad MW power supply.
the
The decision to embark upon quantity production ot Alpha has been hastened by the immonse talercst shown salling circles in this country after the dinghy's highly successful, sailing trials
by
The reactor vessel, 80 ft. high, on the Solent last month. The 50 fi, in diemeler and having boat was called on this occasion a capacity of 142,000 cu. ft. was by Barry Perry, winner of this erected on sile from sections of year's National 12ft: trophy, and 3 in, and 4 in, thick mild steel in the course of the trials an plate.
The erection involved Impressive demonstration was 2,500 feel of welds. In the top Even of the Alpha's buoyancy. and bottom domes of the vestel The crew had the utmost dif- there are large diameter ports ficulty in capsizing the boat for for the circulation of the gas to demonstration be heated by the reaclor olher openings in the top dome it was rapidly and easily righted
purposes, and,
and even when it had been capsized,
for the operation and control of on the nuclear plic.
Inside
the spot, A conventional
the wooden racing dinghy would
vessel, the huge steel disgrid for normally need to be towed
ashore before being righted.
(Bossoms Boatyard. Medley,
the support of the nuclear unit, weighs 185 tons.
HEATING
The heating of this vessel pre-
Oxford, England).
sented many problems apcel Dracone Flexible
101% from determining the power re-
日本
|quired and the method of its
distribution to obtain uniform Barge Tested
heating in Las shape HE Dracone nylon rubber
made for the
and alte of the vessel becatise
of increased
batge which hai boon
for
temperature. Ac- developed in the U.K.
curate temperature measurement carrying up to: 10,000 gal-
and control were essential at a
position remote from the vessel (ons
of liquid cargo has
The heaters had to be installed recently completed tests in
in a humid atmosphere chused Nigeria.
Sby the setting, concrete of the
41%
185
E1%
outer biblogical shield,
It was tied id carry 8,500
For the heating of the vessel gallons of diesolena and towed and its diagrid, 8,500 11. of by a fug up. the Bonny River. sheathed radiant heaters, were The tests were conducted by the installed. These heaters were Shell-BP Petroleum Develop- mounted on specially designed int Company of Nigeria The
- supports erected witNI the flexible container was unregled 473 vesicl
which was lagged, ¦ min' the water at Port Harcourt externally, The electricity up-and cargo pumped into 11 Atter ply to the heaters was partied i triply including manoeuwrey... in by a complicated. system of confined waters, it was unloadrid busbar entering thig Vessel ready for ses trials which were- through two of the gas Borla conducted later which were then closed to,
The Dracone-a, solisage duce heat, fimsed
shaped, container has been The complete success of ic developed by Dracone Develop heating operation was proved by monts Lad, Southampton, end the mass of femperature re sponsored by the National oordinas, Tisebe showed that the fesearch. Development Corpora- temperature of all parts of the tion. The Atak deep-sea trinis vessel, including the diagrid, werd find recently in home rose shiobility at a cofistant the watere when the barge
wae and that the lamperature dis tied the kiddieorough to tribution was at all times re- Flushing and back with 40 tons. márkably uniform.
of cargo.
No comments yet.
Private notes are available after approval.