1959-12-30 — Page 2

Page Z

THE CHINA MAIL,

WEDNESDAY, DECEMBER 30, 1959. ▼

UK's ECONOMIC CHANGES

London Emerges Into

Closes A Property

Owning Nation

Firm

London, Dec. 29.

Stock markete were in a more restrained mood fo-

after day

yesterday's spectacular blaze-up. But leading shares continued

to go ahead and business

was still brisk. The option market had its biggest day ever. The general de- mand was again stimu latest by the move to: allow trustees to invest in ordinary shares.

Gilt-edged had a better day and a peststent bonds and ralli Dofint stocks were were ille mixed.

astral

mole

Although thr

quities :elective

buying of i- rather wns zains were and in

PIC

#putte numerous

Cases

share

By AN ECONOMIC CORRESPONDENT

London, Dec. 29.

HONGKONG STOCK EXCHANGE

by

Qui Dwa Correspondem

Business done at the Hong-

this Exchange kong Stock merning a:nounted to approxi (mately $1,581,000. Noon quota-

alons?

Sometime during the decade just ended, and the morning's

a

revolution took place in Britain.

economic revolution.

runs-

Buyers Sellers

IX. Tank ICR 1120 INSURANCES

Sales

431003

Liri

041%

BO

200

TC 1100

2.30

500

100 94

100

100 no

·

I cannot XANKS An tell you the exact point in time at which this happened. But the economic Britain that emerges into the 60's is tho a vastly different place from tired

country which SHIPPING stepped fearfully into the 50's.

and

comedians

hopeless

Lon,bard

40

Waterbout Wheelock

6.90

A

1000

8.95

3000 6

2009 « B

DOCKS, ETC.

K. Wharf Dock

145 140

300 145

2016 8756

Tulkoo

Dock

Wall Street Continues

To Advance

New York, Dec. 29.

Stocks advanced under the leadership of electronic,

oil and metal issues today.

General Dynamies

General Electric General Foods General Makon

Trmiors generally parcel the Ford Motor continuing steel WIRE dead-eorgia Pacine lock. Strikes jitters return to haunt tunason when Presi. dent Elsenhower's fact-landing board reported that both sides In the dispute were further apart now than at any time in the last two months.

Serttered steels (bund suppor with in the closing minutes Chrysler and Youngstown up more than a point each, Lukens also Rudnod

Some profit-taking developed

at mid-day that brought a num-

1000 17.20

400 17.20 of the high grade

down from their better

Gen. Tyre & Rubber Goodyear Tyre (N) Grumman Aircraft

CAL OR

Hammond Organi

Herden Newport Corp. Hiram Walker -

Human Refrig,

Idaho Power

Toperisi Oll

Imperial Tobacco

Interchemical

Corp.

1a1l Business Machines

In Jarvester ...

in Tel & Tel

Kaiser Industrien

www

472

11

IA

481

International Nickel

16

stocks

Kexcel Copper

!!!

Jewels.

Limpet & Myron Tob. Co.

Luy Tutip

Lilton fod.

Lockheed Aircraft

32 391 1000 325 However, buyers again became 30039.35 active shortly before the close

Then, as the curtain fell on against. The growing gap be- the erry 40's the Socialists had tween Industrialised powers and been in the substantial. Engineeringve years.

saddle for nearly. underdeveloped countries cannot Austerity was a be ignored. Industrial relations Provident 17.10 17.30 1000.er 1720 were particularly sur juke that even the meanest badly need overhauling.

The favoured specialty Shipbuilding of music-hall

for left craze

involvement with ires which responded to news

well done. Economic rigours European trade blocs must not of incrensed building orders. of wat lingered by without the bind Britain to her Commons-

Breweries were strong with Betilbers feature and tobaccos, purpose to make them tolerable. wealth ties and obligations.

Hationing way Fill in Joner. But for all that economic re- Britain The Hadling and spivvery which |volution wrought

in its wake,during the 'fies is as remark- grew inevitusly dull and elec- were mapping the moral tore of able us it has been quiet,

Normally repre-

(London Express Serviert. stooping th people were

went ahead under the fad of Imperial barro.

Motors were

trients

Fandan

al

irregula Textiles the nation.

flor early uncer-table tainfy but stores were mixol. pelty dodges they would other- There was renewed buying of wire Devoe have countenanced. Biletin shuures. Many misel! taneous Issues gainedi ground. Property shares were Arm.

The Kathir market met a good

which effort demand in finance shares Bgure prominent- ly. Coppers

undecided

sticctive

were

RESTRICTIONS

WAS bucked Enterprise every turu by a sugly mass of tesliictions and taxation.

The seemned pointless when the rewards were so trifling.

Cars and washing machines.

and most of what i reitigerators

"éodium

but tas improved.

Oils were again favoured and triom!*! ented improved.

durables" were, for the great hopelessly remote

eller's market in It was the

There was a selective demandmajority. for rubbers.-UPI.

Closing Prices

ן[s! ! זון

£66..

Giltedged Bond, Transport J

Conrods 346 — £487%.

Console £726 Conversion

LOAD

Funding 10an

£42,

EM'

C707

Finding

1870/81

316th

19300

Funding Stuck 37, 1999/30-

Loan

Saving Savings 2,,

Savings

3

4

1900/20

1935/65 — £911. 110/70 -£821 1985/75-703

1.1 ad-..

Bask

Barclay's Name A 14.

Chartered Hongkong√38 12.

Union

45-15/16

10

Insurance Insurance Canton

Ajkerk(1 and Motors

Brati Autor Corp. Ord-2

"Havilland Aircraft--2x 10.

Farí, Molne Col-108% 150 Hocker Soldeley Gro:p "Ord-pe

Jute. Ad "ASKIN FU „Standard Triumpli International- 11<

Breweries

Distillers Co—394 64.

Fullding and Materiale Associated "Portland Cement---540

Pieton Johnspor Associatos Ord- 29-410

O

Ed

1

shopkeeper bureauerat.

Juxuries. It whe almust everything. high-noon of the tyrant, of arned contact man and piv.

(in short Nationalised cor) supply) and the Health Service were poor consolation. And the egalitarianism had longed-for

mistired badly. Fer from break- ing dawn the barriers of class. it had reinforced them with bit

terness.

NECLECTED

The middle class which had spawned so much of the nation's enterprise and leadership, be- lieved that, at best, they were being neglected, and at worst. penalised.

in

And the sneers of some of

did nothing to the new elite convince them otherwise.

Tho Socialists continued power until 1951.

who took their The Tories, jelace, had leamed much from Vibeir years in the wilderness. They were lean and keen and a let more atiunod to public feel- ing than ever they had been.

In addition, they started their

'Gal Steel and Engineering | first post-war Government with

Babcock & Wilcox, Li-409 Paal. Vickers Ltd - fid

Poud and Tobago

British American Tub. Ca. Me-

Imperial Tobarro Co., Ltd–749.

Miscellaneous

Bourdinan_Marden Ltd-k!_!!« Etr:Ush Oxygen LIU. Ord-Es

Canadian Pazllie My--$40,

Dunlop Rubber Cu-20s.

Hongkong China Gas-135.

Imperial Chemien!-07%.

Lyme & Co-ans ca.

Unilever Lad-2428 4%d.

Paper

Bowater Paper Corp Ord-25« 91.

Hadio and Sectrical Electrical & Bṛusica)—849 60.

English Electric Com

General Electric -44,

ad.

Skipping Indo-China Steam Nay. Co.

at

advantage

which If not obvious, was arvertheless valuable.

Fauni watching the perfor mance of the Socialists, they know what measures were in- suited to correction of the nation's economic fls.

NEW POLICY

From this springboard they launched their policy of de- control, encouragment of private enterprise, investment and ex- pansion.

But they They hit ad spots, were fortunate in a series of Chancellors who did not hesitate measures employ remedial

really

hurt LOT

the moment. Credit control was one of their major weapons.

#T

to ord-31 64.

P&O Steam Navigation def ord that -4E720.

4150

BLords

Creat Universal Stores "A"-2 Marks & Spencer Lid-13x 94. Woolworth F. W. ■ Comềm 30,

Textiles

Coute 3 Lad-350 kt. Courtaulds Ltd-07 30.

Cons Goldhelds of Soulli

- 160

Africa

Cons. Zino Comp. Ord~~16, .

De Beers def-190 7.

Hongkong Ta-da síð.

Petaling Tin-7

Rand-10%.

<0.

Southern Kinta Cons Ltd-1.. Union Corp-83a.

Weat Driefontein Goldinining-203=

ik!.

cat-6 d.

ou

But if results are to be a yard- atlek of success, then Conserva- live policies have paid off to the man in the street.

At no time in his history has he been better off.

Against a background of price stability which has persisted for 16 months he enjoys a some

unthinkable standard of living

10 years ago.

Cars are commonplace. "Teia- are regarded as a |vision sets

built-in Axture of most Brilish Washing machines and homes.

British Borneo Petroleum Gyadi refrigerators are almost through British Petroleum Co., Lt-the transitional stage between luxury and necessity. More and

Burma)-80.

in

U.S. STEEL USERS STILL SHORT

users

Cleveland, Dec. 29.

200 11:39.25

200 kr 39.25 and prices improved.

6003314 3450361⁄2

2 t 384 1000301

LAND ETC. 1EK. Hotel 33 33

HK. Land 3815-30.73

500 134

Humphreys 20.40

Resity .....425 1.45

4000 41.43

4304 30

300 20.00

1000 44 145 200004145 (2000 Gr 1.43 1000 1.45

RUDBER Antialg.

4.15

4.20

103 4

1000 6 4.14

5000 Ft 4.123

10000 + 4.150

2000 Fr 6.70

3214

Polaroid, which took a troune- ing yesteriky, bounced back to day with a gain of more six-UPI

Closing Prices

Abitibi FPWT. & Paper

Alden Inc. Acs.

Algoma Steel Corp.

Allied Chemicals

All Chalmers

American Airline

Am. Cable & Radio Corp American Cyanamid Co.

Amor. & Torgn Power A. Home Prod. American Metal

Am. Natural Gas

then

4814

Loews Incorp.

Lone Star Cement Co.

McDermott J. Ray

Minnesota Mining Maiton Development

Monsanto Chemical Co.

| Montgomery Ward

National Biscuit Co. Nallam) Cashy Fleg, “A” National end

New Fish Factory

TH

Ship With Quick-Freezers

THE first of the two stern-operating fish factory trawlers on order from Wm. Simons & Co Ltd, Renfrew, Scotland, has now been delivered. This vessel, Fairtry II, is the second vessel of its type to be built.

predecessor,

The Fairtry It has diesel- Length b.p., 238 ft; Breadth, electric propelling machinery of moulded, 40′ ti; Depth, moulded, 2,000 ship. output; an arrange 25 ft; Depth to upper deck, 34 ft.

considerable Accommodation is

provided ment which gives

Her

for a crew of 90 persons, which 10 flexibility,

number of a

four-cylinder includes a certain Fairtry hos Lewis-Doxford engine of 1,000 specialists in addition to the p. There are no revolutionary nermal ship and factory crew

in the new Considering the large number of 4 change; in design wardship, but special attention beshands that it is required to house been given to the steam raising in 40 small a vessel it is remark- table how much space hus been devoted to their comfort. and the catering arrangements and recreational facilitle provided Eve gained the approval of the crow.

32

29

and fish processing plant.

392

123

FISH PROCESSING

2:14

542

This new ship has n stern imilar to that

53 ramp generally

67% of a whaling factory ship, and the trawl nels are operated and 28xd brought on board up the ramp

1331

03

and through an aperture in the Boom In UK

National Steel Corp. New York Central Noranda Mines Lid. Norfolk & Western Ry.

43%

101

stern. The nets are emptied on

# $9%

North Amer. Aviation

31

Northwest Airlines (Com) Olin Mathieson

the trawl deck and the catch

30

307

Shipyards

2141

Our ElevatorE

725

Pacific G & Eloc.

63

3

Pan American Airways

1:2

2414 Forant

12 J. C. Co.

573Penn. Salt Co.

Niner Bowes

ATO PTOCUer & Gamble Co.

25ttburgh Phate Glos

5724 Radio Corporation

hydraulically

53 passed to the factory space be

through low- operated doors. The factory with Kosze ha been cquired

machinery which deal with all

*}

20%

London, Dec. 30. ĮRITISH shipyards

the eperelicns of waching, head- Bonjoying on unexpected

and

aulek year-end boom with orders

Jing, filleting, skinning weighing,

wraroleg, packing ti freezing.

After the fish have in the past four weeks total-

passed through the quick freezers

they are packed, in frozen slaba, ling nearly 100,000 dead- in tons and passed by means weight tons and valued at

2000 4.20

Trust

0.550

6.70

500 gr 185

2008.03

Tewan

4.39

6

American Smalling

$34

Radio Corp. Pret.

621

Trein......

5014

34

500 2314

American Tel & Tel

77%

RAYHON

100 311

American Tob

10755

Republle Steel

74%

Star Ferry Yapmal C. Light

Anaconda Copper

6314

Reynolds Metal

70%

12A

179

Armour

35

Royal Bank of Canada

mxd

194) 10.00

B00 £9.93 5600 14 19.03 2000 a 18.00

Arbertos CoIP.

Safeway Stores

3034

Alias Cone Mining

2014

Schenley Ine.

3154

1000 ♫ 19.8BO

2000

Baltimore & Ohlo

40

Sinclair O

575

Smith, Kline & French

API

where they are held at minus 10 one deg. F.

35%

Scary Mobil Oi!

4015

500

IN BO

423%

Standard Brands

301

Standard Oil of Cal

45

15%

Standard Ull of ind.

M

54

4815

87

02%

The scramble for steel by UTILITIES

will continue through the first half of 1960 even if there is no resumption of the strike,! the metal-working weekly "Steel" predicted today. Because inventories are low and unbalanced, uners will take all the tonnage they con gel in the hamediate future, buyers have undoubtedly placed duplicate ortlets in an effort to assure themselves of deliveries before January 26, mys "Steel."

Same

El cotto

2.80 1000 Electric New 2430 24.40 1000 1000 Mead E.

11:00

32 2300 Telephora. 31.76

INDUSTRIALS Cement.... 30 30

STORES, ETC. to pray for Dairy

... 2120 21.40 shipments, the mills will have

As long as the automotive in- dustry ccntínez

1999

Bank of Montreal Beach 13to Bevers Beil Telephone 25.00 Benguet Cons. 24.20 Bellchen: Steel 24.30 Borden (The! Co.

Burroughs Add Machine 31.78 Briti Amer. Ou 400 J

348 31.75

2002 1000 je 31,783

B06 30! 1000 @ 30%

to quota extended deliveries Watson 23.10 2110 500

Lane, Craw. parcularly on fist rolled - COTTONS

Cold

rolled ducts.

and gal- Textiles vanised sheets are s1 bonding needed the list of critically

Say

Brush Columbia Elec.

British Columbia Pwr. Calit. Packing Corp. Cana. Bk. of Comin. Cana. Brewers

Canadian Pacific R.

Č. I. T. Financial Corp. Chrysler Motory

Quest Prabody Commercial Credit 21.30 Consolidated Edison 27.20 Constuners Gu

3002120

1800 or 2130

400

9.13 925 3000 921

1000 or 925

2500 i7

13.90 14.30

1000 9.20 3000 1000-14

14

MISCELLANEOUS Vibro. 15.10 INVESTMENTS

Int. Abled

1,45

0.05

5.20

products. Leading products Nanyang

they

take any cannot additional tonnage for the fir half of next your, according to the metal-working weekly, China Mail Special,

b

Yesterday's Closing -

15.40

COMMODITY

SUGAR

NEW YORK

Closing prices all in cents per lb.:

Contract No. 4 (world)

Jan: 3.00: Mar, 306: May: 311; July: 3.14: Sept: 3.19: Oet: 839: Jan: 342 Total Sales: 34 contracts, Ope 3.21; Mar: 3.26; Spot--irob. Cyun):

interest: 851 contracts.

COTTON

NEW YORK

Continental Ou of Del Como Imperiat Milla

Crane Co.

Cuban Amer, Super Diamond Alkal

Diamond Card

Diswler-Seagramnik

Dupont de Nemoure

Eastern Air Line

Fainan Kodak

El Pa Natural Gas

33

37A5

Standard Oil of N.I Steel Co. of Canada

Steep Rock .......

181 Sterling Drug Co.

Etcholy-Van Camp.

Stena Webrer

37ludebaker-Packard Corp.

6236

ungo

24

Bunshine Mining Swis & Co.

Texas Co.

of conveyor belts to either the more than £10 million. forward or after storage holds,

1 cattle and poultry food

The year 1950 has bera o bad

for British shipbuilders,

Orders for The first

three-

of

the year totalled

abol ne

month's

After the fish have been Allet- quarters ed the effal is fed to the Ash only 140,000 ton which re- meal plant where it is, converted ↑ Grérents into protein-rich dish meal for works for the industry. These

The

orders were almost exactly b3- 53ivers are processed and the all

lanced by

of cancellations 141,000 gross tons during the same peripd.

Four of the new orders

5716

22

extracted so that practically nothing of the fish which arrived 7 on board in the trawl net 45% wasted.

23

is

The Fairtry fi.is registered at

ATC

from foreign shipowners, three from Norway and

50 Leith and based on the Humber. India. The

from latest Norwegian

MILC

316 She will operate on the northern order is for a 22,000 deadweight

531

67

Textron Inc.

60%

Thiokal Chem.

Traders Finance

5814

Tri-Cont. Warrants

277

24

Union Carbide

1402

B8

Union Ou of Cal.

42

44

Vatan Pacific Hallway

United Alterat

13

United Frust

U.S. Zo "D"

27

US. Gymn

33

1.8. Rubber

2044

US. Smelting

11.9. Steel

100% UB. Steel 7 P.C. Pr

Warner Bros. .......

distant

water fishing grounds,

con-

particularly West Greenland and to bulk carrier valued at about

Her endurance; £1,750,000. 30% Nowfoundlan

Another foreign order has and her storing and victualling

been a 23,500,000 terry have been des- arrangements signed to enable voyages of over traet from Turkey.

Meanwhile the shipbuilding in- C21 three months to be carried out.!

making possible

longdustry has been given further periods on the fishing rounds, encouragement by a publication and thus providing the best today by the U.S. chamber of chance of the vessel obtaining shipping showing that the burn- British 31% good catches. it is anticipated ber of ships laid up in

that the Fairtry I will bring to ports in November had declined, the food markets in the course-UPI.

13917

4211

and

Ford Motor Co. of Cana

18

Waukesha Malors... Westinghouse Air Brake Westinghouse Biretrie West Va. Pulp & Paper

108

Winn-Dixic Stores

4216

Woolworth K. W)

Zenith Radlo..

114

-uri.

PRICES

SINGAPORE

Closing prices in Straits cents per ib. fo.b. Malayan ports:

No. 1 Jan. Feb.

Closing prices all in cents per No. 4

Spot Dec

March

May

JOY

Oct

Mar.

May

33.13

11135-11234 21312-114 4113-11335 130-1321

113-134 1134-11

No. 2 Jan.

No. 3.

33.15 m. deleted

Bpot rubber unbeled Blanket crepe No. 1 palo crepe

LONDON

33.30

3310

3117

Jb.;

3113

No. 1 Rapot......

4 hom

3141

Settlement house term.

31.01

Jan.

Fetz, Jan./March Apri/June

32:1-33 2351-33

311-314

Closing prices all in pence per

Contract No. 6 (domestic)

NEW ORLEANS Closing prices all in cents per | July/Sept.

30%-30% Mar:

6.57: July: $76:

Oet./Dec.

30-5012 SS NY. Ex-duty 505; 1.

General markets, elf. basis, ports: Bout Total Sale: 23 contracts; Open in-

Dec

3236-3311 torost: 1,407 contracts-UPI.

March

METALS

May

July

ce

Dec.

Маг.

INCREASE IN

SALES OF

ROOTES CARS

IN THE U.S.

very

of the year's operation more

than twice the catch of a good

modem trawler operating over

a similar period.

The Fairtry has the follow-

ing dimensions:

British Study Of U.S. Traffic

London, Dec. 29. THE Minister of Transport, THEA

Mr Ernest Marples, left here today on the first leg of

Longshoremen

Return To Work

A

Naw Orleans, Dec. 29, LL ports along the Gulf

of Mexico were working yesterday following the ex- piration of last October's strike-breaking Taft-Hartley injunction.

The Mobile Steamship Com- pany had held out against the

wage agreement roached last

a traffic study tour of prin- work as the end of the eighty- cipal American cities.

day "cooling off" period národ,

New York, Dec. 29.

Mr Marples, who all from but the disagreement was iron- The sales of Rootes Group Southampton

wiled out at the last m'nute. tomperow, cars in the United States | see how New York,

Deck workers of the Mobile Log increased 34 per cent Angeles, Chicago and Washing- Steamship Amociation will m theo deal with the problems of eelve the same forty-one cents during 1959, and

He has already an hour package and benet in- dollar value of the sales seen at first-hand how France creased egrcod to in other was op 72 per cent it was and West Germany cope with southern ports. announced today.

motor traffic,

of

New Orleans employCTS BỤC the problem,

Indored eources said Mar-te pattern for the Fast Gulf 001 in an ples would also discuss with his

agroument renthed

Gulf December 28 the con-

En Weet atomic-powered employers capitulated the seme

night.

have be The ArrowITYSTIE ratified by the dockworkers.~~-

Mr John Panks, Managing guilders Director of Roctes Motors Inc., American colleagues

astruction the US. vtributors, sald in

324 buyers statement that 30,020 Hitmans, hips and other matters of in- 329 buyers Singers, Sunbeams and Humbers terest to the two countries. 221 buys were sold the year, compared AFF.

3.80 buyers with 22,417 m 1958.

31.15

deleted. 33.14

23.12

2433 Feb. Ertato crepe in Zon

31.20

thick Jan.

391%

AMSTERDAM

31.42

31.03.

Closing prices all in

11.07

per kilogram, cif. Jạng

No. 1 rubber

LIVERPOOL Closing prices all in pence per Ib.:

No. 2 rubber

No. 3 rubber

No. 1 repe

NEW YORK Closing prices, all in cents per

lb.:

Lead

shares have usurped greyhounds

Dec.

and racehourses as a means of zinc having a flutter."

Jan.

And for me one of the most

Dec Jan, Copper Dec. JAR

Shell Transport & Trading-3001niore people own their houses,

Get-Reuter.

Once again salesmanship has become a neccosury art.

NEW FLUTTER'

Agreed Merchant For thousands stocks and

Rates

Canadian Dollars Maximum significant changes to the disp- Selling 18 17/32; Minimum Buy-pearance of the deadly apologo- ing 10 25/32 T/T, 16 27/32 G/D tle "postwar" complex,

Swiss Francs: Maximum Sell-

ing 74 15/16.`

Beiglan Francx

Selling 885,

What in fact we are seeing is the Brst sprouting of "the pro-

LONDON

American Contract

Den/Jan.

March/Apri May/June July/Aug Oct/Nov Do/lan

Mixed Contemot

11.15

11.58

Doc/Fan

March/April

May/June

31.00

July/Aug

34.00

Oct/Nov.

Deo/Jan

Closing prices, all in sterling

Maximum perty owning democracy" "the

emergence of the affluent soet. per long ton

And we are witnessing too the

Exchange Rates justification of tonet tons held in

by

Boot

Shorth

of perception that There is nothing like CALLE Copper

Fas" was done in the look of property to make a Conserva- unofficial

market thaim morning at the following vides:- US dollars (per #2) Sterling notme (par 211, Australia notas (per '21)... Indonesian rygdeb

Biam icata (öne 100% 100).

tive of man. The bumilleting red and hail 8. defont of the Socialists at the 11.00 Lost

general election WIS To evidenco enough of that. 2005 Much Terpsins to be done. BEE PROG HOUSETTE AQUES De svended

*ings hair

Dee.

Buyers Beliers

紅藍

23.90

29.00

22.10

283829 8888292

RUBBER

NEW YORK

Bex rubber Paturay closing [prices, all in'conta per 11:

Jan:",19,75-50; Mar: 1900-30; DĚRY:

FOREIGN

-UPI.

EXCHANGE

NEW YORK Closing rates:

Canada

England

oljelai

30-days

Belgium Hongkong

LONDON Closing rates;

New York Montreal

AmsterdamS

• Jawela Copenhagen

The actual dollar vol of the Lisbon's First

sides Livercased from $34,682,000

(about £12,381,000) in 1958 to

$59,825,000 (about £21,308,000). Underground

This increase was attributed to higher sales of more fully equip- pec cars and more deluxe mo tela

Lisbon, Dec. 29:

China Mail Epecial.

Increase In

Air Travellers

Montreal, Dec. 29.

ISBON'S Hot under-HE number of air trowel-

rallwayfers. Incroused by ten

Mr Parke wad the Rootes care ground had not been affected by the in-was opened today by the percent in 1959, the Inter- 10-avid troduction of US-made "con- President Admiral Americo National Civil Aviation Or-

2.1960 $.0000

020030 1755

pact" cars.

Tomax. Monsignor Manuel ganisation announced here

"While a great deal of atten Carejaira Cardinal Patriarch ties has been focussed on the of Lisbon blessd. the first American complicis, Rooter tur

Alphe -- which

day.

The statistics cover the 74 member countries of the ICAO, the track started | but do not include China and the Soviet Union who are not rolling spek and members,

Flanta la the maribor: coun-

Introduced a new sports car *** trains.....

Work on the Bunbeman hew beers speciiloelly dinnigersed } four-yuJÉN, AZ)...............

Enginosi for the American market,”” he

Floss stated, "The now sponte one is excremaniation

being surprisingly well received, Gormat, the signal system tries tropegories 90

with ndvanen osiery amounting, #wedish, electrical systems Bri- | posengers in 1959, In 1956, BY to 880 million (about 219,709, than and tracks and Decalstors million people, uroj shene air-

French?

Linos---ASP.