1960-02-09 — Page 2

China Mail 德臣西報 中國郵報 All

THE CHINA MAIL, TUESDAY, FEBRUARY 9, 1960.

INFLUENCES ON STERLING

Inflationary implications of rail dispute

London, Fob. 8.

Sterling started February in fino stylo, but soon came under the influence of fears of inflationary implications of the rail wage dispute.

It might be more rutlonni The flow of money has re- for the Suck Exchange to be vered in London's favour be

the

enuse influenced by

the relationship of money prespect of disinflationary governmental

reversed from bath Tales hax catis. rectares in any such event,

American policy might allow take some in- Britala flationary libertits bul Сери my's polley, certainly in de- of serling, comer first with the Treasury and Bank of England.

fence

HONGKONG

STOCK EXCHANGE

by

Our Own Correspondent

Business done at the Hong-

Stock kong

this Exchange morning amounted to approxi-

Wall Street slumps on

trading

poor

New York, Feb. 8.

mately $2,354,000. Noon quota-The stock market slumped sharply in moderately tians and the morning's trans-

acitors:

- Shares BANKS

Buyers Sellers

I.K. Bank. 1200 1210

INSURANCES

Union

Lomuara SHIPPING Wherlock

$.05

0.70

The bank role mode money while it has dearer in London become both cheaper and easier. in New York and Frankfuri, The rises in the New York dispoCKS, ETC.

K. Whorl.. Dock count rate and prime loan rate, almost universally which were expected, have failed to materi- That puts a better complexion rosy, percent

The February 1 preview of the rail strike..the partial one-olise, day strike on London's under. From-caux] Lau Mo chaos en bonds but one too but is not conclusive evidence. A general rall strike would be so preposterous and un- popular that it may be averted, if it did necur it would be met by butter organisation than on February 1.

Bank rate

Most important, the Ave per- rate was specifically cent bank directed towards the wege elakens and has given sterling margin against them

Rubber

market weaker

New York, Feb. 9. Rox rubber futures today closed 10 to 49 points lower with sales of 106 contracts.

The market regained a mes- after earlier sure of slability" weakness attributed to the lower cables, plus London-Singapore lack of factory interest,

However, shipment offerings from the East remained Hight.

In the local delivered market, Muy rubber reportedly soli to feciories at 31 cents a pound, Current month No. 1 Rss was quoted at 38 cents,

In Singapore, overseas advices early disappointing and after easiness market became quiet.

Exports at 101.432 tons lost

us witness the seven

being issued now bonds Canada for a shopping centre,

of North American Fluring

is shopping contres, which

in glamorous regarded London,

rother become difficult

North America. Seven percent on the bonds of a widely known conCOTU almost unheard of

has

Equities ur rather

too. In London, their underično

Is still good but the steam hus

gone out of them.

Wall Stroot

4504

Bajes

מוגין it et

10 G 1205 201203 170 1705

300 0.30 13000 8.3

2000 414 6.0.1 5000-M 0.15 500 or 0.70 2500 0.65

20000

2004 33

800 63%

500 +33

100 / 148

Key

active trading early today.

from, Dupont de Nemours slocks dropped

Eastman Kodak fractions to two or three dollars. El Parc Natural Gas

Family Finance Corp. Firestone Tyre à Rubber First Nat. City Bank Google Patiko”. General Dynamles General Electric General Foods General totors Gen. Pub. th.

Some of the higher-priced issues were down six or eight dollars.

Brokers sald the market was affected by reports that the de- mand for steel is

expected to drop and that motor sales will not be up to previous estimates,

Gen. Tria Itubber Getty Oll

goodrich (D. F.) Co. Goodyear Tyre Grumman Aircraft Gull o

ammond Organ

At the same time, the market was still said to "be feeling its firm support level way Lo where prices would be relativeram

Dow Jones closing averages

40 bonda

Comun. future price index..

Closing prices

leydan Newport Corp.

Walker......

HomesLake Mining Co.

Human Refrig.

Itabo Power

Imperial On

portal Tobacco

Inland Steel Co.

interchemical Corp

Int'l Harvester

International Paper

Konecott Copper

600.20 Liggett de Myers Tob, Co.

B130 | LİG Tulip

145.07 Lockheed Aircraft

Loews Incorp.

Lone Star Cement Co.

2301

SMI

31

123%

London closes lower

- London, Feb. 8. Next Monday's threatened rall strike vent share

prices into reverse today. Buyers stood aside and moderate selling brought falls in industrials of up

to three shillings.

Sellers also held sway finally 20% in government bands after the steam went out from a pro- and drifted to 46mising opening 473% close lower all rom.

10194

Friday's better trend was 221 wiped out early

Dil

Sicels

721 were among the hardest hit in 101 industrials. Stewarts

33

and

RANSFO

New feeder-liner

aircraft to make

first flight soon

THE Avro 748 feeder-liner aircraft is due to make THE

its first flight in the next few months. Already it has had considerable success for orders have been received from B.K.S., Skyways, the British Govern- ment and from the Indian Government,

Last July, the Indian

De

Lloyds went down 3s 3d to 488.renco, Ministry and the Hawker

Siddeley Groun (of which Avto U.S. airline to Most Industrial blue-chips is a part) signed a contract for

suffered trimming down

41

24

ind

1

17xd

401 Hoover,

37

4016 held m.

17

and the licence manufacture of the

only handful of issung like 748 in India to begin next year. Hawker Siddeley, Meanwhile, the Arst Indian

and Jaguar | 7485 will be built in the UK.

10 Falrey Aviation

Ari. Isolated the were Channel 33% Tunnels which rooo 25 3d, cn 419 hopes the Brush and French

accept the 100% governments, will 110 latest experta, recommendations

334 on the přojdet, 40% 13.

for

run German service

Washington, Feb. 8.

Tho

aircraft is designed

THE U.S. Civil Apronauticn primarily 25 a cheap-to-buy-

Board under prodding bew and-oporale, feeder-liner tween international ferníual by the Stato Department has rports and principal cities" oxtanded through naxe Juno It has a pressurised cabin

(6,100 the agreement under which operation at 20,000 feet m.) cnd a cruising speed of 265 a domestic freight airline, Lenders like Imperial m.p.b.

km.ph.. (426

Its the Flying Tiger Line, Inc., Chemical industries, Unilever, operating costs, compare

operatos ragular 54 Fords, Courtaulds, Exectrical and those of the slower DC-3 it is Atlantic cargo service for the

Music Instruments, Imperial intended to replace.

Gorman airline, Lufthansa. Tobacco ult turned lower.

20

63%

UPI.

Closing prices.

150

152

180089

Provident

18.00 10.00

300 m 60 $003 64 18.00

500 a 18.70

800 10.20

1000 18,7TO

ly cheap enough sustained buying urge.

to draw

Talko Bock 4124 215

BOU 411

2100 411

100042

DOO 414

coppers,

Steels, motors, chemicals,

electronics and

olls,

rails

LAND, ETC.

K. Hotel 30% 3031 K. Land..

were among the losers.

In Business Machines

BOD or 361

43%

3320451%

Jutertational Nickel

400 $3

22.40 1.025

13

clouded

Humphreys Roalty

RUDDER Amale... 4.33 0.00 Trust...... UTILITIES Trant

324 2100 a 32

200 434 330

wer!

Int'l Tel & Tel

27.00

Johns Manville Co.

1.05 12200 1.025

30 induiriais

19.43

Kater Industries

5000

1.825

20 ralis

149,74

15 utilities

33.49 Kimberly Clark

4 stocka

0.69 5000 & 80

Lowenstein &

Bone.

McDermott J. Ray

Star

Yumu

Ferry

147 150

500 640

MaDonnell Aircraft

30

Mesabi Iron Corp

320 130

100 135 300 or 134

$ 37

Moxuanto Chemical Co.

196 195

Ba

Montara

Monigamery

Word

10 10.10 1000 10.00

47

Motorola Ins.

11000 í 19

Allled Milis Ine.

National Biscuit Co

2000 20

Allis Chalmers ...

37L

Nation) Cash Reg. "A"

.. 24.20

270 69 24.70

Am Brake Shoe

National Dairy Prod.

1900

450 24.70

Ain. Cable & Radio Corp.

National Least

ROME

474 or 23.30

American Cyanamid Co

National Steel Corp.

Funding Loan 3%, 1930/09–205. Funding Stock $185, 150W/2008-----

Amer. & Foren. Power

-£71.

31.70

Am. Gas & Electric

25%

34, 300 / 34

Am. Home Prod.

1:410

205 1000

3

Am. Mach. & Fúry.

34

55

O Elevators

..

443%

45 1000 4424

30045

American Emelting

44

Am. Sugar Bef.

201

STORES, ETC. Dairy

1

424.00

101

15

30

57148

Pitney Bowes

Procter & Gamble Co.

3014

Publicker Industries

Radio Corporation

223

Go

Raytheon

Wall Street staged a sharp C. Light

insplied hardly rally which

more conviction thon the one Electric

in early January. As the end

of the present restockding after Electrie (N) 2230

the steel striko may encato idle | Macao £.

capaelly, it may not be followed Telephone

by the

expected Investment

boom to create more capacity. INDUSTRIALS

Both the money and the stock, Cement markets reficet pome doubt about it. Always there in the drer of America's grave external deficit, and perhaps in- the unsolved soluble problem of the valued dollar against the under valued -mark,

DVET-

Watson COTONE TextHes

of

Nanyang

-

If Wall Street becomes cheap. imports of dollar securities for

A famine yield may avert equities in London, but they will not necessarily do more than that and even for so much exchange risk has to be accepted or covered.

the

With the premium on the security dollar so high and so the intrinsic unjustified by relationship of sterling and the dollar, it is a real exchange risk,

Franco demonstrated again

--people

241 24 60

10 10.10

$25 or 231

DOG # 24.50 500 24.50 1000 @ 24.00 600 24.00

1000 @ 2.55 2000 20 100 on ID 2000 10.19 DOGO 10 10.90 13.10 2000 or 15.70

2000 13.20

4000 6 18

1000 10 MISCELLANEOUR Vibr. 16.00 17.20 625 10.80 INVESTMENTS

7,10 7:35 1000 - 7.20 5.50 3000 5.50

2000 or 0.45

Int.

Allied

Exchange rates

Business was outside

nas

month mildly stimulated pies, that the generally has a margin but at higher levels sellers como out again,

In London, the rubber market was steady at the decline with spot down a penny to 33% pence. In Amsterdam, the rubber market was quiet today-UPI

OFFICIAL NOTICE

Proposal to change e Ship's nume

Inside and France whom do Gaulle snubbed for years were praying for his success at the end or January-but Algeria and come other parts of Africa sull cause concert-Ching Mail Special.

Yesterday's Closing

Abitibi Pwr, & Paper

Alden Inc. Acy,

Algoma Steel Corp.

Allied Chemicals

American Melat

Am. Natural Gas

America Tel Tel

Americon Tob... Anaconda Copper Amiour

Baldwin-Lama-lars. Baltimore & Ohio Banks at Montreal (2 Dank of Nova Bootlo Beech Life Savers Bell Telephone ..... Beneficial rinasce

Bendix Aviation Corp. Benguet Cons.

Co

| Bethlehem Steel Borden (Tha) Burroughs Add Machine Brillah Amer. Ol

Brillan Columbia Flec. British Columbia Pur. Call Packing Corp. Cano. Bk. of Comm. Campbell Soup Co. Canadian Pacific R. Case (J. 1.) Co.

Cat. Tractor

Celanese Corp.

C. L. T. Financial Corp,

40

1095

New York Central

Noranda Mines Ltd.

Norfolk & Western Ry.

North Amer. Aviation

Olin Mathieson

Owen-Brata Glass

Oxford Paper Co

Pacific Gas & Elec.

Pan American Aleways

Pammount Pictures...

Pennyc.co.

Pon Salt Co.

up Morris

Hadlo Corp. Prel.

Repubile Bleel

405% Royal Bank of Canada

41% Rheem Mg.

Sears, Roebuck & Co. 343% Shell Oil Co.....

Safeway Stores

5515

Gilledred Boris

British Transpor

06-7/10

3%, 1978/28

Cool 11.15/16,

Consola

Conversion, Zoan. 314.

Fundmg Lown 4%, 1090/00—R SITS. Savingu 26, 1985/65

Saving 35, 1900/TO-201 Baving 3%, 1046/75-R75427

Banka

Barclay's Dank "A" Ltd ord-ois

"Chartered Bank—th dd.

Hongkong-0014.

Lloyd's Lank “A”--## 3d.

Insurance

Unico Insurance Canton-EN-18/10.

Aircraft and Motors

Motor Corp. OT-213 Bd. Ford Motor Co--1828,

Brille

Hawker Siddcity Group Ord-Jis 7164

Rooter Ltd -"A”—10€ 4150.

Standard Triumph Internationai→→→

10 93.

Breweries

Deller Co—9d.

Buliding and MaterialN Associated Portland Cement-

Goodham Wall & Lend

4036 103.

50%

404

with

Dart

trans-

The 748' engines, two 514s, are virtually identical to those fitted to Viscounts which eradicates the problem of 'scates. Accommodation can be made for up to 44 passengers, mixed freight and passengers or all freight. There are two freight operatore, for more than two doors, one in front of the pas-years now:

"When the latest equipment senger cabin, and another be-

Interim equipment hind the cabin bn the opposite or

available for purchase, and (port) side of the uselage.

when foreign air carriers do not of the themselves

Two how members of "the . Ave-man, board; Mr Whitney dillifone and Mr Alan S. Boyd. disented. Mr Boyd said the CAB to permitted Lufthansa has

using operate a cargo "service,

U.S. chartered from planes

and climb to 30 altaff weight (33,000 lb. ec 14,870 kg.) ft, in a distance of 3520 ft., or, If one engino falled, 3,540 11.

Building of new 'Queen' to start

5

A

~ THe 748,can take off from an avail aerodrome at sea level at maxi-opportunity to acquire it within to US. grant. exemplioris two years, I see no reason to to accommodate the carriers

beyond that foreign carriers period of time," Mr Boyd said. Flying Tiger Ina, notified the CAB fast December 23 that.

would woon flle Lufthansa speciile plan to acquite its own all-cared facilities. Flying Tiger has been making iwo round trip cargo lights a week belsten New York and Frank- furt and Lufthansa.

The CAB had notified both

polley พาย cirlines that its

gainst permitting foreign air- linca to operate regular ser- U.S. with equip- Cunard "Queens" has been vioes to the

from American recommended in an official ment rented committee report, the Daily companiea-AP. Mall, says today.

London, Fob. 8. Nimmediato start on

A building a £30 million

Ordi- conventionally-powered linor Plodin Johnson Associates Ord-to replace ond of Britain's

Coal Step and Engineering Babcock & Wilcox Ltd Med. United Steel Tia 6d.

Vicker Ltd—332

Food and Tebatro Brush American Tob. Co., Ltd

rial Tobacco Co., Ltd–148.

Miscellaneous

Boenden Burden Lidle. Zid Brits Oxygen Ltd. On-63% 0. Canadian Fadile küy $17ËL.

Saint eg. Paper

284

Schenley Inc.

Scott Paper

Sinclair ON

2341

Smith, Klipe & French

30% Solar Aircraft

Socony Mobil On

Southêm Co. (The).

4019

Chrysler Motors

COX

Southern Natural Can

Cluett Peabody

63

Southern Railway (Com.)

Columbian Carbon Co

481

Sperry Rand.

211xd

done in theloen] unofficial exchange market Terning at the following rates: 1.5. dollars (per $11ko Sterling notes (per £13. Austraian miles (per £11 Indonesian rupiah (per 100) Blem ticals (por 100) Singapore (Straits)

Consolidated Edison

calz Standard Brands

thi

0.70

Consolidated Paper Consumers Gas Continental Oil of 1

Standard Oil of Cal.

249% Alandard Oil of Inc.

Standard Oll of NJ,

Cosmos Imperial. Mitle

40%

Steel Co. of Canada

8435

18.00

Cuban Amer. Sugar

1813

Stone & Webster

14

Trusion Tubber Co-2

d.

12.62

5742 Studebaker-Packard Carp

10

Hongkong & China Gracias.

2.00

Plamond Gard

Sungtine Ming

%

Imperial Chornical---67 80.

29.06

35

Swift & Ca

ATS

Lyon & Co-75 34.

1.81

Dow Chemes

78%

Untiever Lid=-=-1968.

2134

4614

Tide Water, Oil

212

Time Inc.

Tri-Cont. Warranta

Twentieth Century Fox Film

Linien Carbido

1304

Union Of of Cal

Untep Paciile railway

flamand Alkall

Douglas Aircraft

COMMODITY PRICES

I, SUI-LOONG PAO of 19 Java Road, 2nd floor, Hong- kong, hereby give notice that in consequence of change of ownership I have applied to the Minister of Transport and Civil Aviation under Section 47 of the Merchant Shipping Act, 1894, in respect of the British steam ship CAPE NELSON of HONG

Closing prices ali in cents per KONG REGISTRY Oficial Number 168031 Gross tonnage March 30.11; May: 33.24: July: 31.78: Oct: 30.70; Dee: 30.08; Mar

7174.44 tons Register tonnage

her name to

tb.:

Ib.:

COTTON

NEW YORK

May: 31.50AU",

SÃO PAULO (Closing prices all in cruzeiro per kilo):

All unquoteel.

3134; May: 31.50 July: 31.10.

NEW ORLEANS 4315.77 tons, heretofore

Closing prices all in centa per awned by The Marine Navigation Company Limited, March 2340; May: 3121; July 32.71 420 Marion House, Hong- Oct 30.75; Dec: 30.00; Mar: 31,33 kong for permission to change HAPPY SUN- SHINE and to have her registered in the new naras at the Port of HONG KONG owned by The Sunshino Shipping Co. Ltd. North gy

floor, Point Terrace, 2nd Hongkong.

a4

Any objection to the pro- poand change of name must bo sent to the REGISTRAR OF SKIPPING at HONG KONG within SEVEN days from the appearance of thin advertise- ment.

Average price in U3, at 14 do- gnated pot merketa: 31.97 cents. Total rafes: 33,398 baten-uri.

RUBBER

NEW YORK Rex rubber futuren closing prices, all in cents per lb.

March

May

July

Bapt.

Nov.

Jan.

LONDON

Closing prices all in pence per

Ib.

No. 1 Ras upel

******** 33-3314 Bremen house term:

324-9

217-311

Jan/Marett

April/June July/Sept

Oct. Dec.

*****...... unquoted

Jan./Mar.

General musckets, elf, basis, poster

Mar.

Estate crope thin Feb.

વચ્ચે

Thick Fab.

AMSTERDAM

Closing prices all in gullders

per kilogram, c.lf. Feb,

No. 1 tuliber

No. 2 rubber

No. 3 rubber

No. 1 crepe

3.15 buyerm

3.13 buyers 3.12 buyer 3.72 buyers

UFL

METALS

per ib.:

SUGAR

NEW YORK

Closing prices all in cents per Ib.:

Contract No. 4 (world)

March

September

2way

July

October

March

Contract No. 0 (domestic)

March May July

FOREIGN EXCHANGE.

NEW YORK Closing.rates:

Texas Co.

Textron e.

Taleko). Chem.

United Aircraft

United Fruit

United Cas Corp.

19. Gypsum

U.S. Lipe Co.

U.S. Rubber

V.B. Smelting

tie, Stort

US. Stel 7 PC FF Wamer Bros. Walha Motors Westinghouse Air Brake Kester Union Toi. Da Wat Va. Pulp & Paper Winn-Dixie Skoren Woolworth (KG W.) Zenius Radio

Chicago grain market

100%

Chicago, Feb. 1.

A furry of late buying which

led to short

covering Armed mos!

grains

tha today on Chicago Board of Trade.

Wheat futures closed mostly

fier. The old crop futures

Paper.

Bowater Paper Corp Ord-731.

Radio and Electrical

Associated Electrical—638_64.

Electrico) & Musleni-48′′ 740. · Engilsti Einetrio Co-4TH. Geiseral Electric D 1

"shipping

Indo-China Steam Nav. code orchate d

FO

Blearn Navigation det' 0 165

stores

Great Univormalsores 201

Di

Marks & Spencer Lid-Ce 14. Woolworth, W. & Co-dja Dch

Textiles

Coats J & PYNN34 pd, Cortaulda Libe...adi 10ļka

Minos

Cone Goldfields of Bouth Acton

Cons. Zine Corp. Ord-14 14.

De Beers def-Die a cot

Hongkong TU3——da 13,

Peching classle 211⁄2ph

Rand Dd.

Bouthern Kinta Con Ltd.

loffen corp at 1015

Telefontein

00

The three-man committee was appointed by the 'GovtTREN and is headed by Lord Chandos,

the industrialist, is confident

report, the Daily Mail mays, 16 being sent early next month to

Nuclear ships-

tenders invited

Mr Ernest Marples, Minister of DRITAIN'S Transport Min- Transport.

Distor, Mr Ernest Mar- The report is stated to put fouples, announced racently ¦In ward these proposals for the

replacement of the aging Camard the House of Commans that liners Queen Mary and Queen' the Government had fasued Elizabeth:

invitations toʻtender for`a

An immediate clart to nuclear, propulsion unit for work un Q erventionally marchant thips,

Lo replace the He Bold the distortishing powered liner

Tale would dis rapidity of technical changes. Queen Mary, pince about 70,000 ions, have a going on in the world had to be speed of 80 knots, carry 2,000 borde in mind. The problem

rendy passengers, and

for was not necessarily solved by Trana-Alantic service by the going into production but it end of 1005 or early in 1960, might be solved by:10oking at tenders; a decision as to whether The building of a luxing polear powered ships would of be built should be taken in the nuclear-powered.

light of what the tenders dis- closed.

similer dimensiona in the middle

of 1980's-Chiza Mall Special.

Last

voyage of

British Dome Petroleum, Rnd the Captain Cook

cato 30 sa

Britta Petroleum

BO

Co.,

Tid--03

Burmaht 3d, Royal Dutch Petroleum-EIL-1A5, Shell

Southampton, Feb. 8. Transport & Trading--1494 | ♬ THE Captain Cook,

13.976-ton ship which

NY sugar

market

A ship using pressurised water reactor could perhaps be got to sen in 1984. But it might be worth while waiting a little Jotiger to edcure the benefits of Bolling water or organito Hquid moderated reactor.

रा

On January 27 Mr Marples afinbunce that the Government had accepted the recommenda-

of

that, tenker's should be invited vince 1946 has coraled thou-from selected arms for two types of nuclear reactor with propell- sands of amigrants from ing machinery for installation in dead- Britain to Australia and New tanker of 05,000. tons Zealand, arrived herò

to-weight

right after her last voyage,

The ship, which was bringing Lockheed to sell

home British Servicemen from

Singapore and Cyprus, is to be

offered for sale by the Ministry jets to Japan:

New York, Feb. 8, Worta No,

slowed five lo soven points of

surar futures

*Apray Grow Soyabeans rallied to close

Owners, Transport, her sirong. May met some selling

higher with males of $49 con probably or breaking up. of March. 105-1/24rgninat' purchases.

Eilter, beau rallied from - a dip on elevator buying--UPI.-

NEW YORK

Mat,

Closing prices; all in

Load

cents

11.53

May

11.09

Z

MAI.

11.01

Caneds England ómeta

DONG

20.26

May

11.00

31.00-40

Copper star. ...

May

Tin MET.

37.23-34 30.00-03 unquoted

May

300

tin pot

33-days Other unchanged.

LONDON LONDON

Closing rates: Closing prices, all in sterling New York

Montreat Daywen Bylingu || Ammeterów

79114 782

FL2011

4.0027

1111-11116 || 3-mont

Drugs Co

Mar. No. 2 Feb.

HELE

111-23234

BUI-LOONG FAO

Director.

Nala No. 4

pot rubber unhaled" Hankei crep@*****

110-111

en lát bail Feb, May Zost half you. May 170036-1170

Copper, p 1905-11130 | #5hbék 30035 +130 (%

Parke..

Max

SINGAPORE

Dated at HONG KONG the

Closing prices all in Straits per long ton: 8th day of February 1069.

cents per b. tob. Malayan ports: THE SUNSHINE SHIPPING | No. 1 Te Company Limited.

131-14134

40-3/13-2.00-6/10

triota.`

L

New York, Feb, 0.

announced

The Captain Cook has team-TOCKHEED Aircraft Cor- Domestic No, sugar cloneded: 1.250,000 miles since be- 14. poration two to saves points higher with ginning her career in 1935 as signing of a licensing agres- jsales of 67 epistruots.

the Glasgow Uner Labella on ment with the Mitsubishi

| Agreed merchant World

rates

the North Atlanto rurk

群育

Company of Jupon for the

contracts remaksed ww nensitive te the higher

Duting the war the bip manufacture and sole of mditiolium and last wook'ard-

Kemea mer-Lackheed F-104 Jat fighters- porta concerning Russian served as

and troopship, to the Japanese Air Force. purchases of an extimated 30 chant cruiser

the was converted for

Over a four-year term, Look- Bom Later

∙rvalino Swiss Francs, Maximum Beli000 tons of Cuba raw

lato Boilers emigrant work, first under the heed said, it should (of . :last- weok's [Ing '70-0/10,

fscent and then spproximately · #50 million in awilched, back to the tryingnemo Empire

from the Cock-Chilna | From. IŠVAILIOS as the Captai W. German Deutscherorka, aldo whin the Friday renotion

|«greement--Cilins Mail Special. Mall Special. Maximum Selling 12-7/10. salied to carry further--UPI.

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