1959-12-08 — Page 2

China Mail 德臣西報 中國郵報 All

Page Z

THE CHINA MAIL, TUESDAY, DECEMBER 8, 1959.

STRENGTHENING STERLING

Possible Full Convertibility Not Unlikely

London, Dec. 7.

HONGKONG Wall Street

STOCK

EXCHANGE

by

Our Own Correspondent

Business done at the Hong-

Things have got a bit out of phase. While kong

actions:

Stack Exchange 1218 agmounted to approxim→

Strengthened By Industrials

New York, Dec. 7.

sterling is under its first spasm of tech-mely $1,039,500. Neon gusta Special strength in a long list of high grade indus- nical pressure since the dramatics of ions and September 1957, the air is thick with rumours of its coming full con- vertibility,

the morning's trans.

Shares Buyer Seller SARY BANKS

20 1360

AK Bank

East Asia

INSURANCES

105 1065

173

In the long run they could the upswing of the trade cycle 04

important and is therefore true the convertiblity measure of unky-

rune

300 14 B4

205.03 5035.03

300 140

Lombard SHIPPING waterboat Wherlock

DOCKS, ETC.

23 60

8.63 5.70

130

142

400

$40

Providen

6732

100

57

10.30 109

1000

101

1000

101

500

103

Tatkex ....30% 301

203 30.25

2130

321

1000 or 3015

LAND, ETC.

Ik Hotel

UK Land.

37.75

33 30

also behind cycle. All them in the money.

them having made ing the security sterling rate three of

any time money dearer and fighter for could have come at

last December. In the purely internal reasons, Britain. Whart since short run they merely agravate in sy eventually have to make it

dvarer or tighter for inter- Dork the pressure,

while American national reasotis, Similarly,

Germany's

polley JACKAN quarters are still concerned to

tight And deny rumours of eventual dollar being kiternally devaluation or rise in the externally wrong, the Bundes- спог to militate the sold price, the London giftedged bank's

do not market is a prey to fears that external

Though even succeta money in London may have to wholly be made dearer and tighter to they, include forward exchange cover irre of charge to the defend sterling against

Gronau banks. Tightness pull of money to overseas een-

centres may It is not haywire but the

money in foreign tres.

be mere influential than situation is unusual.

dearness. The Now

Imaks German

Real Drop

the

Last month had the first real drop in Britain's reserves more than two years the first caused by spending from reserves to support sterling in- stead of by debi repayments or other rectal racters.

with

This munth, starting

stil under pressure Eterling

with this anttual and ending North American debt payment of £70 million might be worse. British authorities could The not be more nonchalant.

In any case

the bank rate

could hardly have been changed

in the week ended December 5 while

the authorities

were

of its n changing the form nouncement so as to make plain that the Bank of England does of not fix it behind the buck the

WIOTICSS

of

Humphreys 2018 2013

Really

RIER Anialz.

London may at least tighten the Treasury Bill rate, which c now, looks too low against New York's

The internal case even against a higher bank rate is Revival In capital Grouting. goods though still barely visible Intove grand is sufficiently well | Telephone

entrenched below pround to be probably undeterrabile by such i change, China Mail Special.

N.Y. Sugar

Market

+

STORES, ETC.

Dairy ...23 20.00

Walm

10 20,10 Lane, Craw, 25.20 25.00

COTTONS New York, Dec. 7.,

Textiles. 0.03 0.23

trial shares lifted the industrial average to within touching distance of its record high set on August 3.

Du Pont led the group and at its boal wres more than a dollar over Friday's olo:c. Other strong spots that contributext to the rise in the average wern Owens Illinois Glass up nearty #3, General Foods up $2, United Aircraft up nearly $2, and Inter- national Nickel up more than 31

share.

More spectacular gains were set elsewhere. Atlas Powder Morell ran up more than $8. ran up more than $4. Poturold gaindi $8,

Motors

that

T

Bank of Nova Scoila

Beech Life Savers Bell Telephone Beneficia! Finance

Bendix Aviation Corp Benguet Cons. Bethlehem Steel Boring Airplane Borden (The) Co. Burroughs Add Machine British Amer. Oli British Columbia Fiet. British Columbia Pwr. Cani. Pocking_Corp. Cares. J. of Comm. Cana. Drewers Campbell Soup Co. Candia Pacife R

into

Cive (J. I.; Ca.

Cat. Tractor

Celeste Comp

American 100 38 100M 30 proft-taking

brought it 6137.33 | down more than $1 a altare.

Gabriel Co. In the auto equip- manis, led the market in titen- over, helped by a block of 38,200 shares.

than 5050 mor Jersey

Standard was point. active in the ails which showed

600 11.73 guins ranging to more than $1 in Amerada, Continental, Phil- Hips and Honolulu.

Today's volume was 9,020,-

000 shares.

American Exchange volume was 1,700,000 shares.

C. I. T. Francial Corp Chase Manhat. “Bank Chrysler Motors Clue: Prabody Colgate-Palmolive Co. Colombian Carbon Co Commercial Credit Consolidated Edison Consolidated Paper Consumers Gar Centinental Dit of D:). Cosmos Imperial Mills Crate Co

Crown Zellerbech Latamond Alkat Diamond (and Distilleer-Seagrams Dominion Stores Dougies Aircraft Dow Chemical

Dow Jones closing averages General Electric

#bonds

London

Closes

Firm

London, Dec. 7. Stocks started off the new account with a firm show- ing on Monday as fears of a rise in the bank raie vanished.

Ly

Steel shares were particular-

bright among

Industrial

equities with the major com.

say dividends and carnings resulls

434 this week.

BATH

Bhipping shares were strong, firmed along

13 while drewarles

with most engineering

301 higher start..

Stores backed down ofter 2

Small Investment buying sent

Problems Facing

The British Aircraft Industry

so gilt edged securities from to have, contributed

3/10 higher. Foreign

were a dull spot

stocks advanced."

but

dollar

tins

By JOHN KINGSLEY

тя

Swing

2034 pantes expected to announce The recent appointment of Mr Duncan Sandys, formerly Minister of Defence, to be head of a new Ministry of Aviation exile attention to the difficult problems and decisions confronting the British aircraft industry today. slocks,

That Industry har many But the huge long distance Ittirilner is not the only aircraft achievements to is credit. can be claimed that British Arms type for which there is likely to more to the be a growing demand. Since to

the

growth bondstechnical advance of aviation | maintai

than those of any other country. passenger. ali transport, fares, For example largely through the jand therefore costs, must, pornÉT work of Sir Frank White, the down, economy in operation, ka Ear and sasurance sharca British Industry ded. the way in bound to become ever more im

portant.on ETRES ( TOUBES, A...dias firmed quially, end the Kadr jthe development of the gas tur-

bine. gains. merket managed amali

Today one of Its firms linek possibility is a

turns out more towards the type of airliner A rise in the red metal price Rolls-Royce,

to run and, is engines for more types of air- which is cheap copper ahead and 2016 50121

from existing 48 follower on a boost in export craft than any other concern in able to operate

short] runways. Leading quoias.

oils and the world. In military aircraft (relatively

and supersonic Here the British machines sich minor gains the V-bombers 23 rubber showed

English as the Britanada and Cornet (and) fighters, such as the UPI.

Electric Lightning and the still probably the others now being more advanced Fairey Delta 2 built) excel. Most of the world's

Roe 52, are as flying is done short or and Saunders forward as any produced else- medium stages where the giant whore. In civil planes Briushjet has no real advantage except "There is also a vast turbo-props include the Vis- glamquir. count, best seller among post- and growing demand for work- war airliners, the economical a-day transports, for aircraft for

the Vickeringricultural Britanala. with

purposes for B- After veying, for privately transport- 1039/0-Vanguard coming along. 3150%. 1998/200s the ill luck which attended the ing business executives and so On. in all these fields Britofn Comet I, the world's first pure- jet airliner, the highly successful has much to offer, and in all of them her aircraft manufac- Comet IV is now in service and two further turbo-jets, the DHturgre should have no difficulty:

In

their strong maintaining 121 and VC-10 are on the way, The Fairey Rolodyne is the technleal position.

first vertical take-off

Closing Prices

utraged Nonde

British Transport 4, 1978/08— £67-17/10.

Başke

Darelor's Hank "A" Lid ord-12.world's Chartered Bank He

Hongkong—42816.

.

I Canton ES-3/16-

Union Insurance

Aircraft and Motors

True...

in

patriating they need it.

Mone

York aut have been

lecam!

A. Tawah.

330

400

5.00

UTILITIES Tram Yanotati

314 31.75

$2 133

000 - 120

135128

the

Light

100 120 20.00 23.70 2300 20,63

1000 20.10

1000

29.10

Electric

25.63 23.00

000

2500

1200

25,76

Bonus 24 30 Rs. 14.30 14.03

31 311

Of a total 1,200 shares traded, 573 were higher and 481 lower.

3412

97-

61

14.20

Dupos de Nemours

Console 2 TO— 15071. Consol 471

Lown Convertion

133

31

Eastman Kodak

108

500 31

500 431

Firestone Tyre

F Natural Rubber

Fundir

Loan

31. 1909-

3.

23144

LISVIL

Bonds volume amounted

to

First Nat. City Bank

01

Funding Stock

Ford Motor

£13-13/16.

INDUSTRIES Coment

30% 78.75

38 25 $7,480,000,

Georgia Pacific

Funding

Сдел 4.

1960/90-~~-

Ceneral Dynamics

5014

£94.3/10.

Baving 3, 1835/33-19.

1000

203 3515

General Foods

1041

were;

Baving 33, 1900/10-£83-12/16. Saving 3, 1905/75-279.

General Motors..

511

30 industriais

006.07

Gen. Tyre & Rubber

500

20.00

20 ratla

153.31

Getty Oil

500 p 20.80

15 ctitica

87.13

Glidden Co.

2000 D 2002

214-11

Ooodrich (B. F.) Co.

2000 3.3

price index 157.32

Goodyear Tyre

Gulf Oll****

1101

Beyden Newport Corp.

Diam Walker

3000 w 0.15 2000 2.3 1900 1 0.20

Homestake Bining Co,

$393

4.

gran Refrig.

Idaho Power

473%

3G

14.10 14.30

1000 14.30 1000 14.20

372%

12037

47

100 $15

Allied Mill Inc.

38!!

Vibro...... 141⁄2

INVESTLIENTS Allled

Allis Chalmers

331

Inland Steri Co.

04%

Am. Brake Shoe

50%

Interchemical Carp,

4315

American Airline

24

0.40

Am. Cable & Radio Corp.

11

Int'l Harvester ....

Int Business Machiner

433

4913

$26 5.40 2000 1 120

American Cyanamic ca.

International Paper

14544

Amer. Forgn. Power

Int? Tei & Tel

40%

LO

Am. Gas & Electri

Am. Home Prod

180

Kaiser Industries

15

-4B4

XEAS C. Power & Light

4811

25%

Kenneopt Copper

M

Kimberly Clark

70

ggrit de Myers Tob, Co

B9%

491%

Lily Tullp

201

Litten Ind.

143

77%xa Lockheed Aircraft

209!

Loews Incorp

424

Lone Star Cement Co.

73

Lawenstein & Sons:

3344

McDermott J. Ray

Asbestos Corp

23

McDeniel Aircraft

Merab Iron Cory,

Baldwin-Lima-Jam.

1734

31menata Mining

26.00

Baltimore Orin

41

Mision Development

1.70

Bank of Montreal

575-b

Monsanto Chemical Co.

Montromery Ward

Motorola Inc.

3374

National Bicult Co. National Cash Iteg. "A" National Dairy Prod.

came

Chancellor of the Exche- Į quer. But a change was a non- official starter anyway. The lino is that hot menoy hardly matters either way. It into the reserves when the pull towards of Interest rates was London and can be waved

that i cheerful

now goodbye the pull has reversed,

Britain is behind the United States, Germany and Japan in

OFFICIAL NOTICE

3

Proposal to change a Ship's name

1.Yuu-Shin Zee of 12A Kai Yuen Terrace, 3rd floor, Hongkong, hereby give notice that in consequence of Com- pany's policy I have applied to the Minister of Transport Section 47 of the under Merchant Shipping Act, 1894. ! in respect of the British steam ship COLDEN NITTO of HONG KONG REGISTRY Official Number 187666 Gross tonnage 4474.47 tons Register tonnage 2485.26 tons, hereto- fare owned by The World- Company Wide Steamship

World No. 4 sugar futures to- day closed one point higher to one paint lower with sales of Nazyang 201 contracts.

Domestic No, sugar closed unchanged to three polnis MSCELLANEOUS

higher with sales trnets.

of 19

con

Both markets were on the In quiet side while Traders awaited rome new incentives.

Over the weekend, Spain was the accredited buyer of 8,100 tons of Cuban refleed sugar for Dec.-Jan, shipment-UPI.

Agreed Merchant

Rates

Exchange Rates

Tusipess was

done In the local unofficial exchange matket this

ring at the following mates:-

U.S. dollars per $1) Sterling notes iper £11 Australian notes (per Indonesian rupiah (per 100), Swiss Francs, Maximum Sell-Siam ticais (per 1003 ing 75%.

Singapore (Strails)

Yesterday's Closing

6.60 13.03

5 o

Comm. future

Closing Prices

Abitibi Pwr. & Popot Alden Inc, Aey. ... Algoma Steel Corp.

Allied Chemicals

Am. Mech. & Fitry American Metal Am. Natural Gas American Smelting Am. Sugar Ref. American Tel & Te

American Tab.

Anaconda Copper Armco Steel

Armour

12A8 Atlas Cons. Mining

2.20

COMMODITY PRICES

SINGAPORE Closing prices all

Mat.

715%

71%

SUGAR

Zine isi halt

Dec.

0415

D

Mor

cents per

-UPL

NEW YORK

Closing prices all in cents

Limited of 420 Marina House, Hong Kong, for permission per lb.

to change her "GOLDEN ZETA"

name to

und have her registered in the new nome at the Port of HONG KONG as owned by The Marine Navigation Com- pany, Limited, Hong Kong.

093

COTTON

NEW YORK

Closing prices alt in cents per

ports:

No. 1 Dec.

Jan.

No. 2 Dec.

No, 5

No. 4

lb. b.

Slanket Crepe

rubber untilod

No. 1 pale crepe.

Imperial Oil

Imperial Tobacco

Ingersoll-Rand

4712 Johns Manville Co.

in 'Straits

National Lead

National Steel Corp. New York Central Noranda Miner Lid.

Norfolk & Western By.

North Amer. Aviation

Northwest Airlines (Core)

Olle Mathieson

Osis Elevator

Owen-nols Glas

Oxford Paper Co. Pacific Gas & Ellos. Pan American Airwayne Paramount Pictures Malayan Parke Davis Co. Penny J. C. Oo, Penn Salt Co.

airliner. The range of transport

and smaller specialised machines Soviet Ship

offered by British munufucturers at least matches that of any other country.

Brius: Motas Corp. Ond 34. EXPORTS RISE

Ford Motor Co G Tajd. Rooles Lid "A*~$_$$$££.

Standpet Triumph International-

Breweries

Dizilers Co-3s 9d.

Building and Materials

Amoclaped Portland Cement-21*

1164.

Pinchin Johnson Associates Ord-- 20m 1440.

Coại, Blae) and Engineering. Babcock & Wilcox Lid-4 d. Vickers Ltd 324 30.

Food and Tobacco British American Tob. Co., Ltd- the d.

Imperial Ibacco Co., Lt-OBE

MisceŽÍME QUEM Beardruen kärden Li-da 1560. Brink Oxygen Ltd. Ord=135 6. Canadian Facile Riy-Bla14. Dunlop Rubber Co-40" 10)ad. Hongkong China Gas-13. Knaerial chemical--848. Lyons & Co-7ts Od. Unilever Lid 127 04.

Paper

Doweler Paper Corp Ord-050 od.

Radio and Kifctrical Associated Electrical-ba" DA. Electrical & Musical-70s éd.. Engllin Electrię Co-40% 20. General Electric 438 J.

Indo-China

Shipping

Steam Nav. Co. des

1012

ord-12# 91.

P&O Steam Navigation 23-447ud.

44%

storer

def and

Great Universal Stores "A"-45

Sacks & Spencer Ltd-11s 3d. Woolwalth F. W. * Co=000.

122-1221; 118-110

Pitney Bowes

12113-1221; | Procter & Gamble Co.

Pittsburgh Pinte GlasS

2814 7436

115-100

Publicker Intustes

101

124-126

Pure Oil

117-11

Radio Corporation

711

Textiles Coste J&P Like 3. Courtaulds Lad+372 64.

136-138

Radio Corp. Pret.

Raytheon

per

Anglo-American Africa02a 5.

LONDON Closing prices in pence

Republic Stee!

Reynolda Metal

Royal Bank of Canada 354-364 Bears Hoebuck & Co.

Shell Ou Co. ..

Stores

Saint Reg. Paper

Schenley Ing.

Contract No. 4 (world)

to

Jan.

March May July

3.05

1b.:

1.17

.:

No. 1 Rm spot

3.20

Spol: Burch; 33.97;

22.85

Jan.

3.28

nam: Dec: May: 3.20 July:

Settlement house termi 32.51: Jan/March

Apati/June

Mar

3.20

Spot-10.. Cuba)

2.99

3104: May: 3124.

Dot/Dec.

Total Salta: 291 contract.

NEW ORLEANS ·

34 Batowy 331-322 31-31 304-3011

Scott Paper

Dec.

Sinclair bui

Bah, Kine & French

Contract No. 6 (domestic)

Уал

May July

March

5.72 3.06-07

5,59

Spot-(C.14. N.V. ex-duty)

Total Sples: is contracts.

UFI

Any objection to the pro- posed change of name must be sent to the REGISTRAR OF SHIPPING at HONG

KONG within SEVEN days from the appearance of this advertisement.

Dated at HONG KONG the 5th day of December 1959.

THE MARINE NAVIGATION COMPANY

LIMITED.

NOTICE TO CONSIGNEES

11. "TAIPING* Aftived sih Daugi,kur, 1889. Denged parg¢ «K harveyed bir andais. Vauri Will

Browne at Hongkong de Kowloon Godawn *190) and on Vinduesky, hand Thursday, zéik · Duanenver;

Open interest: 8,450 contracts.

METALS

Doc: 2.40:

thick Dec..... +1 AMSTERDAM

No. 1 rubber

No. 2 rubber

Open interest: 1.875 contracts.w

32.83; Oct: 39.94; Der: 3034; Mar. | July/Sept.

General markets, e.lf, baads,"poets,"

30-35

Closing prices all in cents per plate crepe stay Dec.... lb.:

Spot: 31.15:

March: 33: May: 3320) July: 32.83; Oct: 30.03: Dec: 30.80; Mar: 31.08; Moy! $127.

BAO PAULD

All unquoted

Avenge price in US. at 14 do- signated spot markets: 31.00 cents.

Total sales: 159,973 tales.

LIVERPOOL Closing prices ail in pencu per lb

American Confrict Dec./Jan: 298; March/April: 23.28: May/June: 23.60;· July/Aug! 23.45; Odi/Nov: 22.46;'. Dec/Jani

22.35

Mixed Contract

Dec/Jan: 23.03

March/April:

23.75; May/June: 2350; (July/ASE!

22.70; Oct/Nov: 2270:

22.00 UPI,

Socony Mobil o

Solar Aircraft

South Puerto Rico Sugar

Closing prices all in guilders Southern Co. (The)

per kilogram, aif. Dec.

No. 3 rubber

No. 1 stops

Southerns Natural Gas

3.40 buyer | Southern Hallway (Com.) 3.38 bruyets Standard Brands 330 buyers Boundard Oil of Cal 4.00 bugers Standard Oil of Ind.

UFL

Stallard Ol of NJ.

FOREIGN EXCHANGE

·NEW YORK, Closing ratos;

| Canada

England

Cacial

Sedaye

New Zealand

Attien

Steel Co. of Canada Steep Rock

Berling Drug Co.

Stoicaly-Vary Car

Slope & Webster Budebaker-Packard Corp.

·Substane Mindng Swift & Co.

Takes Co

·Textron - Inc. Trokol Chem. Tide Waide Ou

Time inc.

T-C. Warrants

Twentieth Century Foo

Weston Carbide.

Union Off of Cal.

United Aircraft

Undied Car Corp

UB Gypsum

The Cu

melting 2008. BUT 2 RC P*

waukee

15/10 | Wh

NEW YORK

· Closing prices, all in per 1b.:

Lead

Dee.

Jan.

Dec

Jan.

Copper

LONDON

.conte

1.28

11.83

**

Closing prices, all in, sterling

1940, com2496, TRUTTORITVited | inds, 19rag, 10th,

a regijented – to... present diiring

survey:

BUTTERFIELD ATOWICE, TILI) LTD,”

An

Apat

Dec/Jan

RUBBER

NEW YORK,

Rex rubber futures closing prices, all in cents pór ib.! **

March

MATEL Hept

.

Bykoz Meliája.

148

Nov.

30

| Bouth

india Pakistan

LONDON

New York 41.80-86 | Montreal.

Amelerdam

Vienna

Zurich

1.00-9/32

Union Paco Railway

2.7092

UB.

Woolworth

Miges

Corp of South Cony Goldbelds of South Africa

Cons. Zine Corp. Ord-731 60. De Beers def-12 Git

Treg Diate Developement & Invert- 0611⁄2 | ment-0% 10% di

*

Hamkong Finite sved. Petaling Tin-la” Bd. Rand-1 65.

Southern Kinta" Cona: L4d-300 D Inion Corpïta ithd.

West Driefontein Goldmining—the

West and Cone-20%. 1932d.

Qu

British Borneo Petroleum Brudi:

British Petroleum Co., LO-5%. Burma-474.

Over recent years the valuo

of the industry's exports has been rising steadily to resch £16 m In 1958 and an annual rate of ovar first half of 1959, | fifty types

Impounded

On

Bremen, Dec. 7. TURKISH shipowner to-

day won an injunction - £170m over the from a Bremen court to have

More than

The Kharkov was in collision off the north German const on November 24 with the Turkish freighter Tanar, 5,595 tons, in dense fog.

of foreign aircraft the 5,677-ton Soviet freight arg Afted with British engines or Kharkov impounded pand- and many more use British pring a claim for damages. pellors, undercarriages, Queza fle pliole, radio, instruments and so on. British military aircraft are in use in nearly 50 countries. Despite this apparently rosy picture, the British Industry is faced with the need to adapt it- When the Tapar sank, the self to big changes which are Kharkov picked up the Turkish

and brought- laking place, especially in de- treighter's crew fence requirements. Among the railors ashore,

The Tanar's owner, Nejat the complex problems involved is the question of further pon- Dogan, applied to the Bremen

Arms centrating the

In the court to have the Soviet vessel. industry into Jarger units to held in port. Investigations are enable them to compete on underway to determine whether more equal terms with larger the state-owned Soviet Shipping Company could be made respons foreign rm9.

Dominating the situation is sible for payment of damages,,

Meanwhile, the Kharkov WEE The fact that, for military pur-

missiles poses, guided

repaired in Bremen shipyard." partly replaced manned

Ripresentatives of the Soviet craft, and the future of the State Shipping Company mid fighter and bomber is uncertain. to-day they would contest the Not only are orders, for military court's order saying that they aircraft talling off, but State thought it to be premature and funds for the development of unjustedAP now' typer have bad to be cur-

have

alt-

tailed and, for the aircraft Arens,

the work involved in missiles is Hire-Purchase

not pensato.

nearly

With

enough

fo 'com

the decline in maliitary Pilot Training

orders and associated

develop

ment grants, most Arms in the Industry

London.

I purchased feature of

have beast taking a greater interest in civil aircraft, DILOT training on hire, and soms have diversified their businesses · by tuming to quite

to

the

unrelated products. The Indus-flying in the United States try's : approach

civil for many years is to be in- market is cloured by the froduced in Britain by the prestige attaching and the pro- United Dominions Trist, 4 minence given, to producing & Finance house. mapcessful ̈ ̈ rgfór airliner. In this field at present the Ameri- cans have an undisputed lead. LARGER JETS BES

}

said it had The company. completed arrangements with 40 British clubs to offer hire- Here one of the post in purchase training for a privats partant decisions - before. the plot'a licence. Endurter is whether to embark

Normal cost of the course is on the development of the large | 2120. which includes Royal Dutch Petroleum£ 15-13/16. supermic jet aizier which minimum of 30 hours flying

Crimport # Trađu will be the major long distance instruction.

Aircraft of the 1970s. It would cost well over 2300 minion ind

Chicago Graing

Market

Grain

of

and prices) were

Chovernment friabciál

would be required in

of the project it is argued that without it the Melikhede..

China's New

mart indbally would lose oud Airline

in tichnical knowleday atišť #K+, gesties in comparison with Big Hordum pumpet fors, aver a wide

sector of the wircraft fald. the other hand 3) in conten tassa developing tha?

Routes

Tokyo, Dec. 7, INA reported today the of operations for

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