1960-04-20 — Page 2

Page

THE CHINA. MAIL.. WEDNESDAY, APRIL 20, 1960.

Commonwealth trade talks

London Many problems HONGKONG Wall Street

prices facing London steady conference

London, Apr. 19.

The stock market wore a

post-holiday look today

and shares classed as "American favourites"

made the standout fen- ture of a quiet day. Buy- ing of special situation issues gave a number of small rises to industrials.

Continental buying senl up

By AN ECONOMIC CORRESPONDENT

London, Apr. 19.

STOCK EXCHANGE

.by

Our Own Correspondent

Business done on the Hong- kong Stock Exchange his mora- ing to approximately $2,152,000. Neon quotations and the closing transactions;

Buyers Hellers. Salen LANKS

1200

Senior economic officials of all Common-Te

wealth countries-this includes colonies in Haak.. -will gather in London next week. InNSURANCES the words of an official announcement | SHIPPING they will "exchange views on general trade and economic subjects."

Although no agenda has been

Plus Lampy by better than 10 plat:lished it is a safe bet that: shillings to 193 shillings walletopping the list of subjects for

eight sutred British Unilever

Dutch Unilever shillings and advanced 3s kl.

Ameneth interest was behind a rise of nearly tour shillings in Jaguar Molors,

Strel and enginferings were dull am banks eared on credit uncertainties but electricals were Lang.

BONDS IMPROVE

bonda Govenfreni

i- iscussion will be Britain's volvement with the European trade bines and what this means to the Commonwealth.

Britain is likely to sympathetic score.

the

U.S. imports show big

recovery

Unter- Lemberg..

K Whan

Dack

25

סtפ!

6. 12:0

1270

07

45

Wheelock..

DOCKS, ETC.

7,30

7.40 17000 or TAN

GOOD 7.30

150

DAL

100

200

100 ur 380

100

500 120

1900 120

200 100

300 TO

Provkkent

20 10.00

500 & 100

1000 10.40

1500 or 19.00

500 of 19.50

2000 58 30.40

Taika kel

MA

30

2100 2

300 u

50 W

100 1

LAND, ETC.

30

500 26+

BY MA

Hi Land RM 2

Hanprec

24.20 241 500

21,20

Really

..... 1.730

1.75 5000

1,7

2000

1.05

10000 1,75

IIK Hotel..

MK Land.......

Ket 3 this hearing oni

uttench Everyone who London conference will know that the elder sister of the Commonwealth withdrew from the Common Market (the "Six" which comprises Western Ger- many. Pruner, Italy, Holland, Belgium and Laxembourg), be-

Inter alla merebership The country's imports re- cause

with her

covered in February from RUBBER would have clashed obligations to the Connor- wealth politically and

howed under In- slight prevement

Greeks buvi nd vestment were am in the foreign, seclinzi. Dollar

stucks

mixed, were melors moving on the upside miently.

Nickel and

with batane fie unt

Candian Pacifle.

SCLEth

African

opened well but

patered TENTIE! several mining slip back.

grid

Rebound

Washington, Apr. 19.

January's slump and were

day.

announced yester-

四川に過ぎ

7.03

1000 1960

7.15 1500 ut 705 5000 # 7.10 3007.10 1000 1.44 3100 735

registers

fall sharp fall

New York, Apr. 19.

The stock market declined in moderately active

trading today.

The market was about eventy | Car 13. 11 Co.

Celanese Corp. mixed and active at the open- Ing with the ticker tape late. The märket turned lower around noun mid sold off rather sharp ly in afternoon trading.

Closing prices were their lows for the day in the sharpest decline in six weeks.

it

C. 1. T. Financial Comp Chare Manhat, Bank Chryster Mulug

Cluell Praboly

ANSPORTATI

New system of

hanging decks for car stowage

A

SYSTEM of open steel “hanging decks” in tier formation which can be lowered in a ship's hold to carry 1,000 cars, and then quickly hoisted out of the way at the port of arrival to make room for a different return cargo, has been devised by a U.K. firm.

The

whole

#21

243

MOSFE

53

around

Consolidated Ellison

Colsale-Palmolive Co Combina Carbes Co Commercial Credit

3011

475

04:1

Con-lidated Paper

40

Consumer Doa

JU

Contental Can

41%

Continental Ol of DeL

Creole Pe

32

Crane C

547

Crown Zellerboch

Delaware & Hushion Co Diamond Aikoli

24

sicel

Distillers-Segurtama

30%

Doninton Stores Douglas Averalt Dupont de Nemours Eastınan Kudak

30%

[13

to eight days to dismantle niter the cars have been unloaded.

Pisu Natural Gas

Fantly Finance Corp.

2014

Firestre Tyre & Rubber Fat N:1. Cy Hank

374

1361%

54%

Most losses ran fron Tow cents to around two dollars a share, but there were much wider drops among some of the more speculative issues.

Motors, steels, rails, non- clcc- ferrous metals, airlines,

declined. tronica and aircrafts Some

utilities drugs,

31 selected issues rose against the trend.

Or 1,210 issues traded, 603 declined, 318 advanced, arkl 235 were unchanged,

volume Was 3,000,000

Frt Motor Co. of Cana. Ford Moter ... Guneau Power Giorgin Peffe

Dynamics

Genotzl Feeds

GO

series of Pulse As leading proceeds and each dccks can be dismounted within † diek is filled, the open

area is one day by the up's crow-- covered by further deck panels on to which the cars are then even after the ship has put lo sen agmin. At present, cars are generally

tubular curried on

timber scaffolding with stretchest Across it--an

un-

wieldy system which takes five

#

loaded. Additionally, a small deck can also be hung in the upper hatch square to enable sports cars to be stowed direct.

hatch covers. ly under the

IN UNITS

After unloading,

the

hatch

the dock

openinga ean be holsted by the ship's derricks and lushed down

The new xystem #ves

units in quicker turn round of ships on:i lower demurrage charges - 20w1ich can run into hundreds of pounds (sterling) for every day 42 the ship reinaing in put. It also mi has

a wider appletion for 2011

to cargo, general 2014 maximum usage of hold space. 44 In addition to the quiciter turn- B9)

round time mere cars per ho'd 144 361ean be

13,000-ion carried, A ship, for instance, will carry at

econo-

the largest in value ever recorded in that month, the Commerce

Depart Trua ment

$ 9.30 3334

2000 6 BBG

વા

$1,137,400,000. For 1939 the amount was $1,118,310,- GOO.

The figury was $1,287,800,000,

over gain of 13 per cert

the value was January wher

Star Ferry February❘ Youmpli

Sungaia

UTILITIES 'I'rum

4.98

2300 17 2000 50 1 5000 $

Today's khner.

General Motors

45

Gen. Pub. Ut

Dow-Jones closing averages were!

Gen. Tel &

316 31

1500 3175 1000

20 Ralla

€20.40 142.

Gem. Tyre & tubber Gelly Od

153 153 170 171

15 Utilities

A 170

ds Stocks

170

shares Delegates will also sympathise the upward with Britain's defensive "re- nut and bound" netion in forming and is mes

later leading the rival European Free Coppers Turned Trade Association or the "Outer dull afternoon dealings,

Seven" (Britain, Sweden, Swit- Portugal, Leading us moved lower lederland, Denmark.

without down

American Norway and Aurrin) by Shell Bellin.

necessarily agreeing with Rubbers played quiet but teng

At the same time they will were frm.--UPI,

wazi assurance that Britain's membership of the Seven wit

Rffect Adversely

Closing Pricas

Aledged torsda

British Transport

3%, 1976/B

Consola 25-EMAIL. Consols 1.- £70-1/1C. Conversion

0134

לה!

1909-

Funding Lan

1930/C

Funding Stock 12 1999/2004 --

VC-3/18,

Bu.

Fundg Ian 424+

1000/90---

90-5/10.

Savings 3. 1965/75-en-3/10.

Savings 7, 100V/50-£79-7/10. Savings F, 1995/75-£75

Banks

Barclay's Bank "A" Lid ord-53s

Chartered Bank-36

Iluno 403.

.

Lyd's Bank "A"-478 dl.

Ipaltence

Union Insurance Canton-£5%.

Alpert and Stators

British Motor Corp Ord $140. Ford Motor Co 06.

Hawker Siddeley Group Ord-30a. Rolls

Lig std.

Rooter

d.

A-10 Standard Triumph International-

Breweries Distillers C30 South African Breweries 24 0. ituliding and Materials Anxiated Portland Cenicnt-G

42.

25

Godless Wall & Lead Ord-60

Coal, Steel and Engineering

Babcock & Witex Lid-40M SKE.

United Sloel-70.

Vicker Lid-Din Tika.

Food and Tobice

keir not reonomies. Primary producera and small territories are like- ly to be the most pressing in this respect.

The Sune representatives are! also likely to press home their Lady anxieties about Britain's Tilkeralistica, The British may ven have to listen to demands Increased protection for products, West Indian citrus for

faves Instance which

as the whelming competition residi of trade liberalisation.

A partial answer to the fore- in any be found HR May

over-

Electric

Imports in the three menths C. Light, period December 1859-February 1860 were $3.802.000,000, an

of about 11 per cent crease

the total in the Over

Corre-S- the ponding period

previous Mavzu E year.

LARGEST GAINS

February

Gas

200 @ 170

300 170

.. 22.80 $400

300 @ 22.90

500 22 90

27.40 27.00

500 1 22.00 1000 27.00 $50 27.00

12 40 12.70 36 13.00

532 W 275 100 # 22

30 Industriais

40 Bonds

19.32 Gliddin. Co,

200.34 Goodrich (D.F.) to

AZ97 GOOGreat Tyre

-AP and UFI.

Closing Prices

Abitibi Pwr. & Paper Alten Inc. Acy

Algoma Steal Corp. Allied Chemicals Allied Mills Ine 13.70A Chalmers

2000 4 13.00

500

13.70

500 13.70 340 13.60

56 3014

-300 24 30%

560 L 42.75

Increases in

over Telephone. eight of the January included

INDUSTRIALS Categories of in- 11 general

Cement 422 421, the largest gains ports, bul were in vegetable and food pro-

ducts. beverages, machinery and vehicles.

500 42.75

1000 42a 300 40 421 650 132.

Am Drake Shoe

American Airlin

Am. Cable & Radio Corp. America Cyanainid Co. Ainer. & Forgu Power A. Gas & Electric A. Home Prod. American Motal Am Natural Gas American Smelting Anrican Tei & Têl American Tob

38

Great Northern Railway Grummann Alrerafi Gulf Ou

434 Lasts Power

34 Import of

1971

302

32

Imperial Tobacco

Toger Hod

Inland Steel Co.

42 faterelicenical Corp

1023

Iral Bustiers Machines 10% Int Harvester ..........

Nickel

La Internal Proper

Indermattomat

50% Int! Tel. & Tel.

Johns-Marile Co.

Keiser. Inhuntrie

401Kansa C. Power & Ligh

164

22

43%

14

100%

31

2

69

Kencat Copper

Kimberly Clark .....

30%

achiev

C

41% least 1,000-which is 200

20 per cent more than by using scaffolding and planking.

31

50

نائما

On

the main deck, or alternatively they can be made in units of suitable sizes to enable them to

the on piterd

hanging decks for stowage at the top of the ship's holde. Further, when the the return cargo is grain, care puls can be Alfed ver Really between the bulk heads and round the hatch opthings. nind covered with light gouge

sheet Lo steel

form grai

fecitra, boarly and

which must be tire in

shiling

enre to prevent

the cargo of Proin shifting from one side of the bold to the other,

merchant ship they were re-flooring, which is rely

steel

The fabricated deck units are with ореп

Ers production for power foundries, to stadions, coal mines. probably and chemical and other indus

trial plants,

50

Hammond One:10

어

Heyden Newport Corp.

17

iftram Walker....

309

Home take Mining Co. Human Ketrig.

SUPPLIED

The

12

company recently- piled the system to a German

sup-

40

shipyard,

4114

Hamburg,

of Deutsche Werfi,

for

Norwegian covered

10045

futing-the

13,500-ton Ingwi, vorne

which will

out carry cars

4015

North America and

BOTA

12

return with grain.

4024

The

and

-

in

Watson LRIC,

Craxi.

Amoy Can STORES, ETC. Dairy, XD 20.30

20.40 20 30 34 344

231

72 decks of

75%

1000

34

27

2812

700 34

in

40034)

30%

under-February.

COTTONS Textile There were small decreases Nanyang

from January

201

--

B34

78

4000 1 13.70

1014

INVESTMENTS

177

Allied

8.20 7.80

8.35

7.85 5600 7.00

001%

Bi

3000 7.70 7000 de 7.75

Boeing Altplane

22

Menistomery Ward

Monsanto Cheinical

42%

4312

Motora Inc.

40

National Steerust Co.

65%

Burroughs Add Machine

13

National Cash

Reg.

1

National Dairy Prod.

202

machinery Imports of

including cars. vehicles, crenned from $120,400,000 duvians there may be on ald | January to $151,400,000

and for dependent deveked territories.

Sympathetic during February

for

Britain's attitude here will be in the following groups: Metals

manufactures, except it. although and sympathetic already committed on this front machinery and vehicles; refined

the attitude that and unrefined ropper and the takes

considerationsores: etiible and inedible animai humanitarian

art from aid is run good for trade.

In the long products.

500 4 20.40

20 26,40 1028.00

9.40 9.90 3000 9.00 13.70 13.80 2000 13.70

it is worth

Lalks

in

The import statistics were not analysed by countries of origin. - UPI.

Gilmans

214 2.40

La 1958

In this resport

that remembering

stem from question

Trade and Commonwealth

Mont- real and thut conference's commmarique at that time said:

Brit Artist Tob, Cu.. Lid Eronomie Conference in

.01% 10tid,

Imperial Pobrees

2013.

Miscellaneo

Co.,

Beardman Marden Liq-45 150 British Oxygen Ltd. Ord-001 [k]. Caladins Pavine Aly-3. De Lit Rur Co. 140. Or-G8. Duniup Rubber C-3 10. Cuman Holding Ltd 23 720, Hangkang & China Gas-10 od a. Imperia: "Chemical-67 Ol.

Co 1.5 ON Unilever

קרקעין

Bowater Paper E

Corp Ord-134 Qu. Radio and Elertical Associate Electical-Gin Gi. Electrical & Musical-21. Ju English Electric Co-40s od. General Electric—35% 9.

Shipping

Indo-Ching Stearn Nav. Co. del Drd-27.

P&O Strom Navigation der ord-- 40x 10.

Great

Dd.

1 is esential to inercare over- sras curlugs of underdevelopiā members of Commonwealth in order that they may be able to greater finence out of trade u proportion of their development Programmes."

Brtiain too will bring her particular problems to

GWI

tho talks. Most pressing of these is the economie threat of the "Six" and the publicly inadequacy unucknowledged

of the "Seven" as an effective counter-measure.

As I said earlier the other Cominonwealth representatives (b.: should vlow this predicmmen; Stores

the Universal Stores "A"-47s ¦ gympažetically,

large measure it has been the miabers loyally to her sister

Marks & Spencer Ltda (kl Woolworth FW & Co-s

Texus

Conte JL.-378 . Courtaulds lap.

Cons Goldfields of South Africa- 05% 10150.

Conn. Zine Corp. Drd-16a DJ. Do Beers del-140% 7240.

Petal Tin-7 64.

landit.

Southern Kinin Cone Lid-206. Union Cory-Br 100% West Driefontein Goldmining-1

British Bomeo Petroleum Syndi cata 1034.

3d.

British Burmah Petroleum-29.

Brit Petroleum Co. Little Burmah-470 11⁄2d.

Shell Transport & Trading-140

--Router.

Agreed merchant

rates

Swiss Francs

celling 7856.

Maximum

Exchange rates

unoffelal

For

[11

of the Commonwealth that has

her defiance buitressed

Yesterday's Closing

Ampex

Anaconda Copper

Arco Steel Armour

Asbestos Corp,

Alla Cors Mining Bukhwin-Lina-Ham.

Baltimore & Oblo

Bank of Montreal

1000 / 13.70 ! Bank of Nova Scotia

3000+ 2.65

7000 & 7.80 C0007,80 1000 67.90 2000 10 7.85 2000 7.10

Beeth Lile Savers

Belt Telephone

Beneficial Finance

Bendix Aviation Corp.

Bethlehem Steel

Barden (The) Co.

Betina Amer. Oil Calit. Packing Cup. Cana. Bit of Cummin. Campbell Soup Co. Canadian Facile R.

COMMODITY PRICES

METALS

NEW YORK

Closing prices, ali in cents per

1.eud

Zine

May July Copper May July

THRY July

LONDON of

Closing prices, ut in sterling influential wgumtato that the should look per long ton.

cloqucat

1

afler herself and join the "Six" with all that entails-eventual politicsi integration and a COM- mon external urift.London Express Service.

Sharp rise in

U.S. incomes

that

LONDON

Closing prices all in prnée per

lb.:

No. 1 Rss spot

Apri/June

Settlement house term

July/Sept.

3412-04

3422-347%

23-332

General markeis, olf, baris, porta

34-4-344

3714

Closing prices all in guilders

SUGAR

NEW YORK

7

13

33

5

ΠΑ

ל

& Myerr Tob, Co. Lly Tulip

Litton Ind....

Lockheed Ancraft

Loews Incorp,

.....

Lorillard f

Lowenstein & Sons.

Lane Star Cement Co.

MeDermcti, Ray

MuDonnell Aircraft

Merck

3311 Mesabi Iron Corp.

Minnesota Minin

44 Miestors Development

Mulcons Brewery

Nathorst Lead

2014 Natkal Steel Cup.

461 New York Central

Noranda Mines Ltd. North Amer. Aviation Northwest Airlines (Com) Ckluhma Nat. Gas Olin Mathieson

Closing prices all in cents per Ib.:

Otis Elevators Oxford Paper Co. Pacide Gas &

Elec.

Pen American Airways

Paramount Pictures Parke Dovia Ca. Penny J. C. Co. Penn, Sall Co... Philip Morris

Bowen

Procter & Gambie Co.

Pittsburgh Plate Ginsa Purland Gen. Elec.

Publicker Industries Pullman

Pure Oil

Findle Carporntion

of system is composed

gratings open steel Shung one beneath another

six feet apart, the hold, chains or on hawsers,

on

S

The Carlow system, as it

received Lloyd's known, has reproval, and the company ex- pecta that I will soon riceve Ministry of Transport approval also. A modifled version of the gatem has been fitted to the Bristol City Line of Steamships lid. vessel New Yorie Chy, and two will also be led Netherlands merchant ships. have further contracts

Norwegian

There may be three or four of these decks, depending on the depth of the hold, The

Cars

are lashed down on them. When they have been urinaded, it is

malter-using an maxy

ship's winding gear-to the deck frames up into

the wo

holst been secured from shipowners. the

ship's overhead (the top of the hold). There they are clamped into position by stowage brar-

kets, leaving the hold dear for British airlines

other cargo. When towed, fbree decks take up R

only 21 inches deep,

NOT COMPLICATED

space

When the decks are lowered there in no complicated

4314

12425

done, The

2025%

359

plan

network

to

London, Apr. 19.

THE managing director of

Cambrian Airways has

clamping and bracketing to be confirmed reports that his decks do no hang airline and five other British free, but run up and down in independent operators havo channels ulisk guide bras been studying the possibility 97x kets. The odge of each deck of co-oporating to give Bri

60%

时

10

frame is fitted with a

bracket,

and the use of wettes makes tain an independent network 12 the whole structure rigid. The linking most of her mojar

carily decks will

even cities. when the slip is rolling t angle of 20 degrees.

31

759:

Radio Corp. Pret.

12

Raytheon

Republie Steet

Reynakis Mela Royal Bank of Canada Royal Dutch ..... Se, Roobuck & Co. Shell Oil Co. ... Safeway Stores Saint Reg. Paper

Socany Mobil Onl

Jan/Mar

May

11:34

Ee creDe

11.00

thin May

11.50

...ck ty

Contract No. 4 (world)

12.00

JW

AMSTERDAM

23.70

May July Sept.

2.0L

3.10

Schenley Inc.

3.17

Scott Paber

per kilogram, e.l.f. Apr.

DM.

10

Siegler Corp

MAT

3.2b

Sinclair O

No, rubber

3.37 buyers

Total Sales: 302 Contracts

Smith, Ktino & French

No. 3 rubber

3.23 buyera

Buyers Seltera

No. 3 røler

No. 1 crepo

Tin

3.24 buyers 3,07 buyers →UPI.

Contract No. 6 (domestic)

Solar Aircraft .............

May

5.71-00

South Puerto Rico Sugar

Spot 3-month Copper

Бухов 3-north

7073% 704

204

700 70415

205

July

Sept

5.92-03 0.00

Total Sales: 234 Contracts-AP.

215 244%

Lead and in Apr

July Zine 2nd hall Apr.

7724

719

10%

02

£21

-July

0212

UFI,

RUBBER

Washington, Apr, 19. The Cymmeres Department

reported yesterday

incomes rose to a personal

high in March, but | priden, ali in cents per lb. record the inercise was night for May the second month in a row,

Hex

July Aept. Wage and salary payments Nov. rosen an incrense in govern- Jan.-01 ment employment narrowly

exceeded cutbacks in conulrue-

Mar.

May

3518 20 37.00 bid

COTTON

NEW YORK

Closing prices all in cents per

FOREIGN EXCHANGE

Closing rates: Canada

England omelst

Southern Co. (7)

Southern Natural Gas Southern Pacific Co.

Southern aitway (Cora.) Standard Brands

Standard Oil of Ca Standard OR of Ind. Standard Oil of NJ, Steep Rock..... Stokdly-Van Camp Stone & Webster Budebaker-Packard Corp. Suneline Mining Swift & C

Textron Ine,

Thicket Cly

7140

Water Dit

Time Inc......

Traders Finance

Travelers Inc.

NEW YORK

1.03

2.8103

FOODS

2.3405

2.8000

2.0145

Union Perlis Twitway

**30-days

Australia New Zealand South Afrios Belgium

Other

unchanged.

LONDON

Spot

Mary

July

Oct.

Dee,

NEW YORK

May

rubber futures closing

July

Oct.

20.70

itar.

30.15 bid

34,70

LIVERPOOL Closing prices

all in pesice

Der bi

37.00 bid 36,50 bid

Cry/Ju

2225

Closing rates: New York

July/Aug

22.10

Montresi

2200

Amsterdam

21.00

| Arundels

22.29

Copenhagen Frankfurt

Mixed Contract

May/June

JULYZAMK

OVE Nov

11942-11843

12-13

'SINGAPORE' Hon and tranufacturing.

Closing prices all in Straits Personal Incomes overall, up cents per

1b. fab.

Malayan Burners was done in the local by $500,000,000 from February, ports:

exchange market this hit an amiual rato last month | No. 1 Ap

of $383,500 million The March

May 4.70 18.65 execus was $300,000,000 - No. 2 Apr. 12.01 | for than February's-a ride No. Apr.

1.09

called slight by the Depart-Spot rubber unbated

Bianka orope ... mont UPL

NO. 1 DAN brepa

andening at the following rates:

US dollar (per #1).

Bierling noto (po £}} Aumisitar utes (per ZIJ

Indonatlán niblah" (per job) .. Mem ticale (per 100) Bingapore (Straits)

20.09

*

No. 3 Apr.

110-11912 1101-110%

7295-110

American Contract

Oct Nov. Dec/Jm MatifApril

May/June

Due/ Mar/April

Calo PALEJA Stockholm Milan Vidzina Zurich

181-2.81) 2.71-2715 10,501-1940) 140.02-140,03% 19.3932-19-381; 11.71-11:32 2001-20032G 13.10-12,70% 14.40-1840 174444-1748LL 1314-73.17

TR-Cont. Warrants

Tretieth Century Fox Fitn

Union Carbis

Unión Oil of Okl.

Unibed Aircrest

Unka

VrME

U.S. POL "T"

Us. Gypsu

Us, Ling Ca

LA Rubber

UA. Bmelting

ÚA. sheet

US Swel 7 F.C. Pr

Warter BIOW.

Waukesha Motors Werlinghure Air Brake Westinghouse Korestle Westerry Unton Tui, Co, West Va. Pulp & Paper Winn-Dixie Stores Woolworth, (C. W.) 30.19%-12104 | Zenith Radio

UPL

401%

-013

ครร

An

The six airlines Cambrian, Derby Aviation the Angilan, Jersey

B.K.S., East Airlines, and

Com-

In the hatch openings, panel units are supported by Starways do not plan to readily demountable steel work merge into one operating and half of the opening is left pany, Wing Commander A.. B. Cambrian managing 40 clear to enable the ears to be Elwin,

louded en to the several decks. director suid.

2454

Little hope of

salvaging vessel

Instead they

will co-operate

as Individunia in extending their existing services to form a rivol. British

| possibly wider network to that

alreatly operated boy

European Airways.

could

Before Ruch a service be Introduced, the operators would have to secure the ap- proval of the Minister of Avis- Port Au Princo, Haiti,

tion, Mr Dunent Sandys, Wing Apr. 19,

Commander Elwin uald,China Maritime Mail Speelal. TTAITIAN

Bourcos expressed doubt today that the Norwegian could bo freighter Trolla

salvaged from the Caribbean U.S. lines start roof which hut kept her fost

sinco last Thursday night.

A salvage tug arrived from Jenalco over the weekend · but

a benvy set swell prevented raivago operallons

big replacement

New York, Apr. 19.

UNITED States Lines han

started its big ship re-

The scene of the accident is placement programme with Tear the dinine! entrance to a call for bids for the con Cap Hallen on the north coaststruction of five. 20-knot of Hait

cargo vessels, is craft nounced yesterday. The forepart of wha under. waler but is stern

engines all function,

the

was 'thy-

These will be the first in a long-range programato which The vessel cartled a cargo of coli for 40 new freighters and Atmericati coffee, honey on two new passenger ships at a

*timated lumber and was bèlleyed a lotal | total,

ats A

WI

Tallon-AP.

of 3871