1960-04-27 — Page 2

China Mail 德臣西報 中國郵報 All

Page

Page Z

THE CHINA MAIL WEDNESDAY, APRIL 27, 1960.

TRADE DIVERSIFICATIONS

London British firms closes widen scope lower to face future

London, Apr. 20.

The Stock Exchange con. tinued In an unsettled mond Tuesday and price declines were general.

Main reason for ineft of buyer enthusiasm was the widespread expectation that the government suon will tighten up on credit to cury Infintionary sponding.

the skidded at Industrials

.of opening. but recouped part their losses,

Gold shares were wenk, cop- pes irregular. Tins were Bri

d leading oils made

43393065

British

Government

minor

bonds

were quiet and easier. -AP

Closing Prices

wiltedged Bonde

British Transport

-W10.

Concol 2 P Cup 4 £1. Convenial

£61-1/40

Funday

Fading

Finding

40-15/19

117799/45B-

1

Loan. J

1

As international trading competition Intensifies even the biggest and best ceablished concerns cannot rest on their ro putations. Sometimes diversification of Interests in the an- Alexander swer to profitable expanrion. In this article Thomean, one of Britain's leading writers on business affales telle how a world-famous British conoorn le widening its Coope to face the future:

Automatic

car parks in

multi-storey

HONGKONG New York stocks

STOCK EXCHANGE

by

Our O-a Currexpondent

Business done on the Hong- kung Stock Exchange this marn- ing amounted to approximately

helped by good Dry cargo rates

company reports

New York, Apr. 26.

$4,025,700. Noen quotations and Individual stock features, moving in response to

the morning's transactions:

Bharos MANKS

1K Bank.. 1270 1278

Buyers Heliars

Kelas

10 @ 1273 DMF 1275 848 1273

100 00

INSURANCES

Union

garages for business men driving to the office. Automatic supermarkets

How much wheelock for their wives at home.

furthor can you get away from ship- building?

In the last couple of weeks Juhn Brown and Company, in whose Clydebank Yard many have been born, famous shiza has moved fate these dehis.

are in In terms of employed,

The John Brown firm in re- cent years has been spreading Its its interests far and wide.

line latest adventures with that policy. MI Erle Mensforth the labour and capital

"diversifter extraordin-only one third of the group is Talkoo Dock 1953/02 Arm's

ship- with concerned ary" na been talking to muj nurs

building, Mensforth tells me. Stock 39%%%, 1097/2009-ahout them.

Other interests include Wick- At 53, he is one if ita Depuiv 1900/13-- 14mm JAL

which ¡Chattenen, working closely with man lad. of Coventry,

for car 47-year-old Lord Abuzimw、, makes machine tools

and mass production Industries. the head of the group.

was a small con- Wickmans cern when it was taken over. Today it la a £7 million affair. I a branchos in Australia South Africa and Brazil.

is Another proßtabiu skdeline

Engineering Markhams business of Chesterfield. Pro- duets there range from mining | Trust equipment to water turbines for hydro-electric sehemes.

Havings:, 1955/65 Novings : 199 £70-7/18 Savings 3.473/16 Hartlay's Hak "A" La vode 14

"Chair - 503

Langat

Insurance

27: Caten 157

and Motors

Bra Motor Com tud 1974 Ford Matie C-103; id con Hawker Siddeley

I

Croup in

14

Juste tut Urd fel. Hem Ki “A” - 10, 1924. Stelard Trazi dutecentionat 21% d

Kreweries

Distillers: C35.

South African Brewor

Wulling and Materials

„Amaristid

Cent s

7

Godle. Watt & Leadi

One

3d

Coal, Steel and Engineering Stabcock & Wilcox Ltd 3 In Beth Oxvem lite. Chd-s 30

United Stee: 70 1.

Vickers Ltd--31

Food and Tubacca

Esits Aerican Tub C

LAJ

1 The Ca. Lid. 44,

STINellaneou Boardman Marden Canadian Pacifle $25-$107,

Huber C - Dis

(2

De La Rue Co. Last.

Gilding Ltd--274. Hunghong & Clan Cu

THE Chendest Du

& Cu-Tim.

Unilever 10-15m.

Paper Bowater Paper Corp Und–739.

Radia and Electrical Asociated Electrients thi Electrical & Musicnt 4. English Electric Co. General Electric Ja tel.

Shipping

The

Says Mr Mensforth: idea of autoustie supermarkets is sympathy with our modem

Ours.

" will mean that they

will

the

he hije in stay open much, long-

er with the use of Terer Maff,

Lot of work

"But there still a lot of I work to do u them. Supply of equipment for antumotle war hohars will pronlay Arst.

with

thusiasm

now

D

500 4 7.35 4000 7.40

2001

2000 6 1.40

254 6 230

2500 V 5045 20058

corporate announcements, provided the life in

a generally narrow-moving, moderately active market today.

Calif. Packing Corp.

Measured by the Dow-Jones, British Columbia wr. (averages, the market was un-

changed on the day

with thu

(5 mock general average hold-

ing at 202.72. Industrial and rail components finished slight

balance

ly uzica

while

оп lower

Wert fractionally

higher for the most part.

Turnover

for the

session

tofiel 2,040,000 shares, can-

Cona. . of Comun Cana. Brewera Canadian Preiße 11.

Canipbell Soup Cu

Case (J. 1.) Co. Cat. Tractor Celaners Corp.

IT. Financial Corp. Chase Matit. Bank

Chrysler Motor

Cluett Peabody

Consolidated Edison

pared with a Monday to Colomblan Carbon Co.

GAINS

Gains ir special issues-rang-Continental Oil of Del.

to

boost, overshadowed

90

Lambard

SHIPPING

451%

7.35 7.40

DOCKS, ETC

K. Wharf.

Dock Provident

100 240

240

107 21.40 311

-100 2:0

100

700 107

4000 of 21.70

000 21.00

Colgate-Palmolive Co

1500 « 21,00

1000w 21.50

2,980,000.

Commercial Credit

500 ut 31 45

Consolidated Paper

Continental Can..

KA

400 G 571

1500 50

500

Ing at four polnis e Universal Watch which responded dividend 200 5846

Commios Imperial Mill

Crane Co...

Crown Zellersch

Cuban Amer. Bugar

LAND. ETC. HK Hotel.. HIC Land HK Land,

inio) .... Humphreys Realty

30% 37%

67 3200

3015

AURNER Amalg.

7.20

7% 21000 u 7.30

2000 65 725

2000 7.30

10000 si 1.29

4.00

10008 0,10

Suagala

04

313%

32 4200

317%

Star Ferry

Youma':

160

[13

100 100

100)

170

179

2001 178

C. Lght

23.10 23.30

4620

23.10

500 24 10

And then, of course, there is Eric Mensiorth's spreial en-UTILITIES

Westland Aircraft Tram "We are in touch

a Lii,

centre of Britain's pumber of first-cluss organisa-helicopter industry. thans who we hopes humediate possibilities lo new system'

For this

adventure

concern ha

Brown's

the

Days numbered

"Years

no," he says, John tork the view that the days of linked Aghter

drcraft were number-

with Mr Juln Bultan's Sulart-

rou Electronies grutap. litral This is

arrunge-

ment. John Brown will pro- vide the mechanical engineer- ng skills. Salartron bar if the "know-imw" in electronics. Automatic car-parking mall-storag garages for omer blocks and lots may develop more quickly. Mensforth Neves.

in

bc-

He says: "There will be a let [of competition from other types of its But there is room for them all.

صیح ہے

"We chucked out

everything

and con-

lo do with them contrated on helicopters. This

| hna cost us a lot of money. But we belleve it will pay off hand- sely in the end."

Eric Mensforth is sprightly Zát charm.

4

As John Brown's specialist in diversification, he has had widely diversified life himself.

Before joining the group, his activides Fanged engineering from bridge building to making the washing

machines and re- frigerators.

His policy: "we make all our activities as Independent as Then you have fewer possible.

"Curs must be kept of streets when not in use. Parke Stokin Nuy. Co. neted cars must not be allowed to Indo-Chaino DIU-20M

P&O Stern Navigation def one strangle our civillantion.

40 00.

Creat

Stores

"But molurists

do not

schickt. And when they

Ple

3392 24.00

200 24.30 190 1.825 20000 i 1.80 ·

a continued hesitancy in the apparent in the early market dealings when yesterday's dc Ichints extended.

Of a tolal 1,223 issues ap- 30000 1.823 pearing on the tape, 544 finish- ed higher while 415 were lower Jon the day.

Brokers mid the sharp Mon day decline had left the list in la position to benefit from any 2000 6.05 Favourable news developments and this it did on a selective basis.

2000 0000 5.50

Today's volume was 2,040,000 shares. Of a total 1,223 3sattes traded 5-44 were higher and 413 lower. American

exchange

to

volume was 1,000,000 shuris.

bonds

1000 23:10 $5,040,000,

500 14 23.20 27.00 220 100 21.

2009 / 27.50:

2400 1750

100 13. 150030.2

2200 14 ZA ZĀ

1000 29.10 100 28

DIG N 27 00

1100 359

}

Watson

20.90

Larte, Cyw

COTTONS Textos

33

10,00 1019

3000 10.50 7000 10.30

volume amounted

Closing Prices

Abi Pr. & Paper Alden Inc. Acy.

American Tob

¡Am. Gas & Electric

Am. Home Prod.

Am Mach. & Fdry.

Am. Natural Ga An. Sugar Rer.

Ampux Anaconda Copper Armour

Delaware & Hudson Co. Damond Gard Diamond Alkalt Distillers-Seagrain

Dominien 9tares

Dow ChemICK) Dougios Asteroft

Dupont és Nemour Eastern Air Line

Eastman Kodak

Family Finance Corp. Firestone Tyre & Rubber

First Nat City lonk Ford Motor Co. of Cana. Ford Motor

Georgin Perthe

General Dynamics General Electrie General Fouin General Motors

Gen. Pub. L.

Gen. Tri, & Fine.

Gen. Tyre & Rubber Glidden Co.

Goodrich B. Fa Co.

Goodyear Tyre

Great Northere Hallway"

Grumman Aircraft

Gulf Oil

Raimond Organ

Heyden Newport Corp.

3794 Hiram Walker .................

434 Hamerlane Mining Co.

Imperial Oil

37% Imperial Tobacco

Ingersoll-Rand

remain high in spite of

D

cuts

ESPITE limited reductions in some areas, the general level of dry cargo rates has remained Breasonably high during the first three months of the year, reports Harley, Mullion & Co., Ltd.

203A

2012

23

9133

In the Pacifle area That this is so is as much a

the reta- for tribute to the manner in which tive shortage of nage 3336 hipowners have maintained loading positions up to June has the increases of the autumn resulted in to change in

as the result of in- treight rates. months,

This market may trading opportunities. benent by the anticipated con- creased There have betri many occasions

Linua.Son throughout the sum- when tontage availability more mer maths of American grato then matched cargoes

in shipments to India and บ particular areas and appeared Paidsten.

48

59

38

43

47

34

Lo

4432

1315

32

30

this was

Indiente conditions leading

Both long period timesharter to a general decline in levels, enquiry and long period con- the decline in rates on the tracts have been less in evidence 1.K. and Continental markets than was anticipated though a

being а particular instance.

notable exception to howover, slich Elsewhere, reductions as have been obtain the report of the fixture of a fron nd by charterers Have not been 44,000 tons buik currÍT

Lo Japan with Hampton Roads maintained and these mask for seven-you

if ot have stabiilsed, even

Commencing Live voyage 23 alightly lower levels.

U.S. 3 $7 per tou. A Conditions today are probably ixture

also reported ̧ut and certainly more U.S.$0.80 per ton, There has

20732

וזרות! אם

WAŁB

gunsect-

1051 similar

buoyant than at any time since been. Bilie serious long period the beginning of the year.timecharter enquiry but in any Prompt tonnage is much in de-use rules asked by Owners for

andong period timecharter of

13

7011

Ep12

COLL

EVIL

1035%

4415

237:

8412

mand in many areas, staros. This applies particular- by to liberty

Aled vize grain Vessels.

In thre timecharter section, ¡demand iras been continutius

throughout the quarter,

էր

in

five or Devon yeors has generally been much li excem of char- terers' rates,

GRAIN ENQUIRY

many instances at rates excess of similar voyage carcassiderable gem. Jepanose chaentarers have Provided the principal

411

of period timecharter for modern all-burning

Liner

The anticipatedi recession by .cs has at least been post- poned and if the present very

enquiry in grein source in the Atlantic area continues It might well not take place enquiry unul Lite late

summer mosTİNƏ, motor if then. In this area it has been

time-

Montage for periods up to noticeable that Owners trading twelve months.

have ob in prompt positions charter requirements to supple-tained better rates than thos 10 ment existing services has been preferring to fix ahead.

043%

40xd

on large as during the latter

It is possible, however, that part of 1039 and would appear the Liberty type vessel, ODCO

West Controlling the markets froight

60 African trade has been parte, may

cularly active, 724

POSTPONED

The

tas,

by

the again deckle

en a different und although basda from pool years. If a hir- ther declines is take place, wer-bulit particularly sustained grain enquiry withdrawn OWN

should tonnagy

th090

recently

from

Electele

Macao F Cas Telephone

.. 12.00

37 3712

Algona Bies Corp.

34

Husten Rettig,

Alled Mills Inc.

3A1%

Idaho Power...

1800 2073

Am. Brake Bos

451

American Airline

American Cable & Radio

A

small immense

INDUSTRIALS Cement STORES, ETC. Dairy

..... 27 L

Corp.

Inland Steel Co.

4315 4435

2300 20 4314

American Cyanid Co.

51

Interchemical Corp.

100044

American Metal

2132

International Paper

American Smelting

451

intemetkinal Nickel

VAN

NO

903 NY 26.30

American Tel ⋆ Toři

Int'l Business Machiner

4535

500 G 23.20

107%

Int'l Harventer

Amer. & Forga Power

8

Int'l Tel & Tel

49

493

John-Manville Co.

53%

Kaiser Industries

to confirm the increased level

The world trade.

031

C. Pawer & Light

60 Konnocoti Copper

261

Kimbery Clark

Liggett & Myers Tob. Co.

#224

515

Lily Tulip

61

Liftan Ind.

70%

002

Lockheed Aircraft

De

25

Locus Incorp.

2515

7

Lone Star Cement Co.

27

16

Lowenstein & Sam.

31

MeDennol J. Hay

123-

201

Merek........*****

851

434

Minnesota Mining

18212

44

Mission Development

177

rates

than last

237

14 Montgomery

tonkeeratin werd

Monsanto Chemient Co

40

U.S.N.H., US. Get

28/2

44

Mutorola Inc.

107

65

4595

National Cash Reg. "A" National Dairy Prod. 3091 National Lead

tankers in grain has now ex- tended to the River Plate,

81

0315

National Bleel Corp.

23

319

18

Universal Store A-43|orage attendants handling their people getting in the way of each

Woolworth F. W. & Co-ils lyd.

Textiles

Coats J&Lu-34a 2ad. Courtaulds L5 20150

Mines

Cony Goldfields of South Africa --

031

Coni Zine Corp. Ord-75# ca.

De Bears def-1300 10žau cur

longkang Tin-04 420

Petaling Tin-7 100.

Rand 19 4.

Southern Kista Con 118-20% Kİ Union Corp blod.

Wesl Driefontcla Gokiminim- 100%

is themselves they need a

of space.

The answer

Baryag.. 1454

1000 10.40 1000 10,40

400014 30

k

DOO 14:48 4500 14.30

let

sense

other."

His belief: " lot of non- I talked about there being fewer opportuniiles

Vibro

to-

MISCELLANEOUS ... 13.89

INVESTMENTS

1000 13.90

Int.

C1

0.00 120006 BC

day. There have never

been

00007 0.00

so many gund young men walt- ing to seize them."

Allied

7.00

4 2000 4* 7.90

-London Exprcar Service).

500 or 7.913

2000

3000

7.80

2000

1.0

Gilmans

21

3.33

"Bo the answer is a syalem by which you drive your car into a delivery position, have

1 taken away automatically and brought back when re- | quired, without anyone touching it at all."

In this develojurent, John Agreed merchant

Brown and Co. has two part-

Petroleum Synell-ners.

Initial Homeo Ente-BON 74.

British turnal Petroleum--2

ritish Petrol Co., Ltd -3x Burma47

Royal Dutch Petroleum-2141. Buell Tranguri & Trading-140.

-Bruter.

Yesterday's Closing

It has

withi joined forcUA American Standard Telephones and Mr James Surling, a $3- year-old civil engineer who In- vented the system.

rates

Maximum

Maximuin

Swiss Francs: selling 75-9/16.

heldon Frones: selling 800.

COMMODITY PRICES

METALS

NEW YORK

Closing prices, all in cents per

SINGAPORE

per ib, fus. Mulayan

Bput rubber unialed

11834-11536 110-111 154-14 1214-122 111-113

30.82

NEW ORLEANS Closing prices all in cents per

31.00

Oct.

Closing prices al in Straits

Mar.

courts

poutst

No. 1 May

June

123-1214 12011-1231 Spot

1b.:

No. 2 May

Biay

No. 5

**

No. 4

July Out

Dec.

Blanket prope

Mar

Ib.:

No. 1 pile trep:-

120-2-130

Lead

May

11.00

LONDON

May

July

July

11.40

Zinc MAY

11.25

Closing prices all in pence per

Dec.

July

11.42

lb.

Mar.

Copper May

301.10

No. 1 Ts xPG↑

***

1

July

20.17

Settlement Entre term:

LONDON Closing prices, all in sterling Julyhept. per long lon:

April/June

3-30

341,-301% 35-33

By

34-34

Buyers Sellers

Tin

Spot

7751

100

Jan Mar.

General markets, cif. basta, porta: May

95-30% Fainte carpe thin May ... 30

thick May

30

270

271

240

2491

July..

7014

101 No. 1 rubber

9431

B3%

No. 2 ribber

July

2035

RO

No rubber

LIPI

No. 1 crepa

3-Ineath Capper

Spot

3-worth

Land 2nd half Apr.

Zie 2nd half Apr.

RUBBER

AMSTERDAM

Closing prices all in guilders

171 per ellogram, c.lf. May.

536 buyer

3.28. buyers

908 vera

3.40 buyerя

UPL

COTTON

SAO PAULO

An unquated.

23,10

20.35

30.77

31.05

Closing prices all in cruzeiro par

3000 8.00

Armeo Steti

Abestos Cosp

Ades Corn Mining

Bakhwin-Line-Mon

Baltimore Chie

Bank of Montreal

Bank of Nova Scotla

kech Life Savers

1. C. Tel. Cv.

Bell Telephąme

Beneficial Finance Dendix Aviation Corp. lengst Cons.

Bethlehem Steel

Toeing Airplane

Borden (The) Co,

Burroughs Add Machine

British Amer. Dil

Brush Columbia Elec,

PROBLEMS

516 McDonnell Aircraft

334 Meat Iron Corp.

FACING

TIN COUNCIL

AS PRICE

10

ARBITER

London, Apr. 26,

23 National Biscuit Co.

Disquiet has been growing on the London Metal Exchange about the extent to which Buffer Stock activities now dominate day to day deal ings in a manner never contemplated when the Tin Agreement was launched, said Messrs A. T. Strauss and Company Limited in their April tin market review.

New York Central Norfolk & Western By.

North Amer. Aviation

Northwest Airlines (Com)

in the Miantic area

alowe, done much to lay-up, may well be traded at Volume

a loss during the summer period maintain present market levels.

in anticipation of improved Great Chartering from the

winter at higher 149 Lakes recommenced

year

and the

נוחה

conditions

months. For

over the

the present, however,

Plate areas have all beca active, tonnage is tightly held The continued participation of

The Indian area has probably provided the

U.S.-PI air

most conalatent agreement talks

95% conditions for chipowners. There, enquiry for pre cartoes to Japan

21 principally from Mormugao, has been continuous throughout the

Okiahama Net, Gas Otis Elevators

40%

Olin Mathis

47

Owen-linota Glass

10314

Facie Can & Elec

Pan American Always

Parke Davis Co.

4236

Paramount Pictures

Penny J. C. Co

Penn Salt Co.

Philip Morris

Pitney Bowes

Procter K Gamble Co. Pittsburgh Plate Giam Pubucker Industries

Pulimen

Pure Olt Radio Corp. Pret. Itay bean

Steel

Raynalds Metal Royal Dutch

Royal Bank of Canada

M Sears, Roebuck & Co. sho Safevrey Blores Bairl Beg. Paper Sinclair ....

Corp. Socony Meblo Schenley Inc. Standard Brands

Standard Gil of Cal, Standard Oll of Ind. Standard Oil of NJ. Scott Paper Smith. Kline de Franch

Solar Airdreft

in

the

South Puerto teo Bugar Southern Co. (The) Bouthern Natural Gas Southern Raliway (Com. Sperry Hand Sterling Drug Co.

Today, the London market did ing to capacity and expected 240 lttle more than reßect in its tinplate production for this year

dally quotations the dreision of to exceed all previous records.

On the other hand, although the International Tin Council to

This had Straits shipments to the United buy or sell motal,

had increased of Stats resulted in a stabilisation

tires willin narrow limits, proportion to the rise in witch presumably had been the export quotas, they were still to consumption purpom of the market

low in relation opera

Sleep Rocke nt thero had been practically tions.

The Tin Council, in achieving no chipments this happy poslika which it English Un from Europe.

three 1sted The review might or might not be able to

porrible causes for this. Firstly, maintain, when cadangering the

was using existence of a tree in market America by substituting itoclf as ultimate price arbiter,

Average price in U.S. at 14 da gasted spot market: 12.1 venta,

Total malez: 17,200 balce--UPI.

FOREIGN EXCHANGE

NEW YORK Closing rates:

Canada England umum?

00-days

Holländ

Onipera aithespot

LONDON Closing rates; New York..... Montreal

NEW YONK Closing prices mil in cents per

34,10 nom, Brussels

NEW YORK.

Rex

rubber futures clean. prices, all in cents per lb

Ripot

Mar

4040

Mas

33,29

Juty

*0.70

Jenly

Sept

30.30

Del.

PO.ID

Now.

200.00

30.00

Ainsterdam

Fixtur Perio Stoktal M

Mar

Jar

Ert.50

May

31.48

July

01.00

Mat.

Vien

Zurichs

DISADVANTAGE

of Straits

Or Stokely-Vars Camp.

Sunshine Mining Textron Ine. VAN Thilukol Chem. Tide Water Oil Time Inc. more

Tri-Cont. Warrants Twentieth Century Fox Film United Fruit Unile des Corp. VR, Voll "***

the nocondary in, consumption of thle cinsa of metal last year, for to 31,711 tons instance noso from 24,000 the previous year. COVERING Secondly, #YURITY

No one sumpsied that th's was the Intention of the Comet or that it was aware of

Tin

Us. Ling Co, US, Steel 7 PC. PF consumers Werlinghe Air Zirake West Va. Pulp & Paper ultimate consequences of might be covering their for Western Union Tel. Co. what I woİ doing. Mesurs word requirement less than Winn-Dixis stores

of the declared j Zenith Radio Strauss continued. But thero usual becOUNG

100.73

2.0991 i the 2,000

20 50

280-13/16-£€0~10/10

22.7091-2.7012

10.80-10 199,07-140.02) 13,7136-14.739M 13.7732-13.771 1430\&=1€50JĀ 1743-1743 73.10-79.13

*UPI.

could be no doubt that, should polky of the International Tin its presents policy continue in- Council keeping the price below defluitoly, the London Metal - £500 a ton,

Thindly, and more important, change would conso io bio an effective tin market to the grave Ilonesian ore was increasingly the Texas smeller, disadvantage of all megtáórm of going to

Indonadon metal- Lakit year, the industry.

Tho review ther thacumed in one shipments to the United toinibol 7,904 tone what it termed the "American States paradox". On the one han, salat 0,103 the previous year, American tinplaters were work-Chins Mal Spaciai.

Exchange rates

quarter both on timecharter and

Voyage basts, and has more thun

Washington, Apr. 26. TEGOTIATIONS on a naw civil

NEGO Philippine

compensated for the slight fall-air agreement oponed hero ing off in enquiry to Mediter today.

ranean and Continental destino- On the outcome hinged the tions, In this area Liberty ton future of both Philippa Air Gat nage has consistently been able Linea return to major interna- to fix on timecharter trip basis tional operations and of Ameri- to Japan at not less than 19/-d. con air service to Manila, per ton.

Several wedits, perhaps

Eadem was done in tisa local

natkot shle change official morning at the following xasAK) EMA U 9. klara (Der 31) Ai

Sterling noted, 21

noter”,

}

Indonesian rupiah (pez W0) ** Slam sigrie (ver" 100}

Bingapore (Blenkts)

in the Far Eastern Broa, the months, of bargaining were pro- bulk of enquiry has been from dicted by both US, and Philip- Chinese parts for cereals and pine offelals. generals but this trade is likely

The negotiations began in the

to diminish over the summer afternoon at the State Depart- months.

ment--UPI.

P.O

R.M.S. "HIMALAYA"

EMBARKATION NOTICE

For United Kingdom via Manila, Singapore, Colombo, Aden, Suez-Port Said and Gibraltar.

EMBARKATION: Passengers should embark between 9.80 a.m. and 11.09 a.m. on Thursday, 28th April, 1960,

BAILS:

BAGGAGE:

The ship is expected to all at noon, Thursday, 28th April, 1960,

Bhould be sent to the Hongkong & Kowloon Whart Co.'s Godown (No. 4 Gate) Navy Street, by 6.09 p.m. 27th April, 1930.

SUBJECT TO ALTERATION

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