1960-05-10 — Page 2

Pagë Z

THE CHINA. MAIL, TUESDAY, MAY 10, 1960.

A MILD CREDIT SQUEEZE

Rumours of a

London

sterling crisis

closes dull

are far

London, May 9.

Smail losses dominated a

far

lifeless session on

stock exchange today.

the

Industrial gains were few and

but Ford between

was strong and in the store section, Marks and Sprazer edged up on

xcellent

Gra dividend best.

canninga

Near

idje murkets saw tokis and coppers drift lower. Com-

fetched

London, May 9.

HONGKONG Broad

STOCK EXCHANGE

Our Own Correspondent

After the initial relief at the mildness of the Business done at the Hong-

credit restrictions and at the ending of kong

Stock Exchange this

mately $3,850,000.1 Noon quota- tions and the morning's trans- actions;

advance registered on Wall Street

New York, May 9.

and miscellaneous issues paving the way.

the uncertainty, the London Stock Ex-30,006 - Stocks enjoyed a broad advance with electronics change has turned dismal and even sterling has slightly eased.

Chartists have declared a bear sures. market.

RANEM

1283 1290

100 of 200

82

Share Byre Rebe Some foreign banks UK lank.. were withdrawing

for money

funds There is widespread talk that tear that the London

be caught up in

the

East Asia.. the measures may be too mild wouldl

special deposila sehemi, at that stemer ones will be

As the schome

notINANCES did avert difleulties

arrive until April 28 they hart Unica XD.. equired to later,

First little time to rectify the error | SHIPPING Waterbont Now last month.

Wheelock of the The middle

sceanw cannot do as well as the right end. Britain in a good mouth

ло! gain does

much 05 Geitmany gains in a good week. Gennany does not want the money and 18 trying to repel Provident and there are some structuraj

pl that

15

However, when the ment on a better future outlook National City

Bank Caused pms to finn. G-edged

write con un-York :ccurfiles

Jarly were changed and dull. Dollar stocks United States today

and exposed to drains of funds then ulla, teus lost ground, rubbers were narrowly mixed. has been true for many years

about the challer -UPI.

crisis this mutumn

Closing Pricos

KillLedged loud,

Estis 1 425-201

3. INTR-

CUS

Consals 24-4736.

Consul 42-471-W10, Converslun Lean 1.

202.

Finding

Fundiney

2021

Cu

G9-7/18.

Loan 3.1

Stack *.

1964-

لاح 10302 .

THR/2001

Fading Loan 4% 1960-90 Savings 3, 1938/03-2 Savings 1600/70 HO. Savings 3 155/70-737

tanks

Barclay' Bank "A" Lid mrd- Chartered Banik-35" Hongkong--

Lloyd's Bank "A" 30s 3d.

Insurance

'Union Insurance Cantun--15%

Aircraft and Motors

Hellish Mutor Corp. Ord-Ins cd. Ford Mulet C-1879 34.

Hawker Siddeley Group Ord 25

Holis Royce Lid Ort-li

Hooley 14d 175

2015

Standard Triombi International-

ila 110.

Brewerles

23 Co-34.

South Africast Brewerig-201

Building and Materiala

Assolated

ฟ.

Goodlam

£4

Polland Cement-c1x

As

4435

Livring Airplane Bordea (The) Co.

219%

Hurrough Add Machine

British Amer. Onl B Colunible Pwr. Calit. Pucking Corp Campbell Soup LD.

Canadini Pacfle R.

Core 13. 1.

Co.

cat Tractor.

Improvement in the Bethlehem Sterl The Sales

news general business

back- And Just work's 40 7 12

ground,

the year's of 50 1500successful test 13 or 1200

trader lows helped improve 40 61 1200

A sentimer 20 un 1200

pick-uj volume on the rise was seen as a slimulaung factor. Electronics featured as

In Texas around three points instruments and Mo'erein, and bou two in General Dynamics and Itay the Universal much ugain was in the spotlight, -

Bar- ing arolinti three point |ber On Jumped nearly 2 in an

otherwise steady oll section.

25.00

3.35

7.40 G) # 741)

4000 @ 7:33 2000 77.40

BOOKS, ETC. Dock...

176

120

it Serms

sterling

far

21 21 co

bear

change which may conceivably

begin to repel B.-China Mail Talloo Dpek Special.

fetched, and even the fatalls

Stock Exchange about a market may be facile.

If the Chancellor gely any

delcrimination his where with to curb Government spending. sterling could fare excellently. So also if America has the feared, recession,

American re-

1954 and 1958.

cessions are good for sterling.

No crisis

lending

international expeel

The

not does Authority

in any major currency crises country this year. If there is any question may relate to the dollar rather than to ster

The United States is on ling. the wrong end of the currency at the bottom. in seesaw and

Britain is not meney rates. on the right end "but she may be in slightly belter than the middle and he is at the top of the major bank rates.

With international compe Wall Lead Ord-tions for burrowing In New York as the cheapest centre, there is some reverse flow be- cause

dollar deposits (outside

Cost, steel and Engineer

Babcock & Wilcox Ltd--305 1. United Steel-14 Dd.

Vickers Lu-29 43.

Food and Tobacco

Drill American Tob. Co. Imperial Tobacco Co., Ltd-- €2. Miscellaneou Beardman Marlen Lid-45 kl. Still Oxygen Ltd. Ord Canadian felne ly--$4. De La Rue Co. Ltd Ordu Dunlap Rubber Co-164 14. Gilman olding Ltd

1 xå.

Hongkon & Clin Gas Imperial Chemical 354 0. Lyama C-701 Dd. Uniir: Lid -143 7.

Paper Paper

Howater

Folyd.

Corp

Radin and Electrical

Abelated Fietrical - G

Fleetrial & Musica 451

Engila Electric C

General Electrie- -30.

Shopping

Indo-China Stein

3Yt lal,

Sa.

&

1-83

Nay. Co def

O Steam Navigation der ord.

Stores

"A"- 45A

Great Universal Stores

Marks & BD74 34...

Woutworth

& Co-50% 10ted. Texiller Cents J&P Lid-3 S. Courtaulds Lid-50% 4d,

Mines

Cens Coldfields of Sauth -

92 d.

ten. Zinc

ON--93 xd.

De Berts der 12SE,

Hong lien Tinh 17 t

Petollur Tide

Rael-716 34)

Forthern Kini Cons 1.14--20% Od.

Talon Comp-5)M.

Wet

160 l.

Dri funtele

the United States banks) pay an wachanged rate which remains much higher than the Auctuat Ing New York bill re. Even Europe mems to be attract- ing more money this is down in the United States loses of Central reserVICS,

Britain it gaining only modestly, it is because Ger- many, Holland. France and Italy ure gaining so substantially.

remaks right on The dollar its floor in Germany and Holland and effectively on its floor France and Italy on,

If

Britain's figures

Rubber market review

Singapore, May 9. Overseas advices were bel

ter

XD....

203 124 400 120 200126 500 $27 33021 80 5500 in 21,00 2000 or 21.09

500 tr 21 (2)

GT 190004

Warger Lanibert rose neurly three in the drugs wille Carter Products fell around four.

Steels backed down from their mid-session highs on reports of

scheduled decline in

30004.50anuther 1100 B FOOD 44 05 400 400

LAND, ETC, Hotel ..

42 4215

100 30.76 500 40

FIK Land

GAN

12

N

500 M $1

500 14 412 1500 42

20-02.50

434704 3530

20000 193

04:

Humphreys Itralty..

100

1.05 500

3000 25.00

1.975

RUBBER

Trust.. 1.03

1.30

4.70

9000 8.00

3000 1,90

$.40

3.00

33 4316

200331%

300 100 331

331

than expected and Sangat... shoricovering came. in UTILITIES early coupled with reserve Tra of sellers for May No. 11

Rss which took prices up

to 129 cents.

300 332

steel output this week. Most of the leading steel issues managed to fulsh with fractional gains. MOTORS FIRM

Motors were arrowly mixed with Ford and General Motors and Ameri- firm but Chrysler can motors easter.

Industrial

was helped by_n

gain of about four points la Du Pun Procter and Gamble tack- ed on about one.

ing Pokrog, Revlon and Thiokol.

less of Heinz countered will a Faround three points.

Today's volume was 2,070,000 shares, of a total 1,217 shares Itrated; 47 were higher und 530

American Juwer. volume was 890,000 shares.

Celanese Corp.

C. I. T. Flanelal Corp.

Chase Manhat. Bank

Chrysler Morera

| Chet Peabody

| Colgate-Palmolive Co.

| Celeblu Carbon Cu.

Commercial Grad

33+

44

Conrolidated Faison

Consolidafell Paper

3724

Continental Con

+34

Continental Ull of Del. Crane C

wa Zellerbachi Cuban Amer, Delaware de

Diamond Alkalt Dimond Gard Dumalon Stureg Douging Altevaft Dow Cheinical

Georgia Pacific

General DyzatITION General Electric General Foods

' ד!

3022

RANSPORTATION

Shipbuilding in Japan facing

a major crisis

Tokyo, May 9. JAPAN'S shipbuilding industry, until recently the world's most productive, is facing a crisis and urgently seeking orders, the Transportation Ministry reports in the first White Paper on the subject since the war.

Some US$104 million lias

been invested over the past ten

years in improving techniques Hovercraft may be

and facilities in the industry.

Lloyd's Reester of shipping built of plastic

William

London,

Rushton,

-tho

orders began decreasing in 1958. chairman of the national

research dovelopment cor-

poration, suggested hero that the hovercraft machine which rides on o "cushion" of compressed air

dropped drastically to 890,000-might well be built of

plastic,

the Addressing

first annual This year, said the Ministry's dinner of the British

plastle report, the total may slumpederation, Sir William said: below 800,000 lans puttingHere is a new exciting vehi Japanese shipbuilders in a grave cle with a great future.

"In my submission, the whole

The industry employs a total structure is ideal for reinforced of about 108,000 workert, of plastics, quite apart from the which 70,000

regular maliy supplementary payrolls. These regulars, the which autcmmatically

Crisis.

shows Japan in 1959 lunched

242

more shipping than any other

nation -- 1,715,000 gross tons.

But, the paper pointed out, R

Dupont go. Nemours

210

Eastern Air Line

Eastman Kodak

109

That year Japanese hipyards centracted for 3,200,000 tons of

Family Finance Corp.

237

new shipping.

Firestone Tire & Rubber

#

First Not Chy Bank

A

Fard Melur

FIGURES DROP

5714

4012

In 1959 the Azure again

1

100

General Motora

ions.

Gen. Pub, UND

Sien. Tel.

Bloc.

n24

Gen. Tyre & Rute

Glas

registered by Guins were American Ship Building, Corn- General Tyre,

Getty 0:

127

Glidden Co.

Goodrich (BF) Co

Goodreer Tyre

Great Northern Hallway

43

ruminan Aircraf

Gulf of

Hammed Organ

iteyden Newsport Cup.

177

RTA UN

Hiram Walker..

30%

Itomestake Mining Co.

turunan Refrig.

0115

33!!

10

krep up with world standards.

paper said, are skilled, workers you," and must be kept on the job to

He also told ensure Japanese shipbuilders that "We

the

RO

Items come to

delegates longer regard

30%

01

130.00

Machines

403

DG.07

2014

1032%

12,00

International Paper

146.12

Int'l T. & Tel

UTI

Jubina-Marwale Cu.

6713

rate,

+

Kaiser IndusIES

10

Kar C. Power & Light

Kennacut Oopper

$ 3954

Kimberly Clark

4724

Liggett & Myera Tob. Co.

33

Lily Tulip

493%

HK Cos...

Alfed Chemicals

49%

Litton Ind.

200 14.20

Allis Chalmers

30

Lockheed Aircraft

701

Am. Drake Shoe

400;

Loew tocorp.

INDUSTRIALS

American Airling

203

Lone Star Cement Co.

Lowenstein & Bons.

1742

Cenient

5115

300

1500

50

00% / 50.50

Amer. Forgo, Power

Aerican Cyanamid Co.

2414

SteDermatt J, Ray

BEL

MeDonnell Aircraft

Am. Gas & Electric

53

Merek

000

51

150

52

Ani. Home Prod.

GU!!

Mesabi Iron Corp.

350

51.50

Am. Mach. A F dry

714

Minnerts Melng

1390

52-

American Metal

Mica Development

Am. Natural Gas

American Smelting Am. Sugar Ref.

Star Ferry Lower sheets neglected white Youmati

177

מל!

most forwards offered at wider Sight, XD 23.30 23.40 differentials.

exchange

Dow-Jones doing averages

23:00 or 1215

100 4 178

1114

200

163

1300

23,80

100

23.00; were: ·

200

2000

23.40 industrial

23.3050

21,00

20

1450

29.10:15 utilities

400

20.10

4500 G D

Macao E.

12 60 1310

There was a certain amount

profi-taking in the after-Electric

prices by depressing about une-half ent on May.

May and June switching was

noon,

Passing at 44 cents through- Telephone 312 100 4 30.76

out.

2760 36.50

150 a 34.73 353038.55

or stocka

40 bonds.....

Comm. future price index

Closing Prices

Abitibi PWT, & Paper 100 34.75 Alden Inc. Ary. ..... 750038

14.10 14.20 37014e Alguns Steel Corp.

49.25 Am. Cable & Radio Corp.

.... 28.GU 28.70 310923.70

2470 30 30% 1600 or 3915

Lowers were in little and

demand with all! neglected differential widening.

.In

the London,

rubber was mrr for near market positions.

In Amsterdam, the rubber market was quiet today. In New York Tex

rubber futures today closed 70 points hidier to 10 points lower with sales of 55 contracts..

STORES, ETC. Strength in the May delivery Dairy was the dominant intiuenct, al- though only two lots traded Lane, Craw. At that, Britain's April figures there during the session, Later

COTTONS Texule were not too bad. The gain of positions met selling after eorly

£20 million (before the £10 of firmness, reflecting the debl payment) was the best tinued pause in factory buying] Nanyang monthly figure for a year, It interest in the spot market.i

the MISCELLANEOUS was not good enough for what Shipment offerings from should seasonally be sterling's east were reported in "tair supe Glans best month but it was a queer ply" but buyer ideus averaged month this year and may have around under the offerings. In!

Locally, current month No. 11 left a better ugury for May.

Rss was quoted 421⁄2 veni, no-l'ík & FE.

Invest In early April, the figures minal.-UPI. were heading for a much better showing. Later, sterling was undoubeldly affected by the un-

--

Goldmining-certainty before the credit men-

British Borneo Petroleum Syndi. Categor

art

Ari Burmah Petroleum-24 British Petrolepui Co., LIU-Sin

Burmet-447.

Pevel Dutch Petroleum-E14 Skell Tronport & Trading-137

-Bruler.

NY...sugar market

New York. May 9. World No. 4 sugar futures to- unchanged to two day closed

174 points lower with sales of contracts.

Domestic No. Û sugar unchanged to three points lower with sales of 79 contruels,

Chicago grain market

Chiengo, May 9. Grain futures were Irregular today on the board of trade, with dealings consisting mostly of evening-up in the nearby contracts.

con-

Yesterday's Closing

American Tel & Tel American Tob

Ampex

Anaconda Copper Armco Stenl Armour...

155 15,00 1000 15.80 | Asbestos Corp. ..

Idaho Power Imperial Ou

Imperial Tobacco Ingersoll-Ran

Inland Steel Co.

60%.40 | Interchemical Corn.

Tol Buses

Int Harvester.

International Nichel

Molson Brewery

4624 Monsanto Chemical Co.

6012

Montecatin

plastle products as, mere sub-

The paper said that in order siltules. You are becoming a to pay these employees the in- somewhat frightening competi dustry must turn out 1,200,000 for to the metal industry gen- tus of vessels a year-or cun-erally," siderably more than the present

EASY PAYMENT

Sir William went on le criti- cise the plastics industry for turning away from coal, one of Its original basic materials.

Here is a promising field of To de over the crisis, the

collective research.

Heaven ininistry urged easter payment

knows, we have plenty of col plans for owners, further in-

duct right now. It may well In provements techniques and shipboard equip- prove in the long run that ot ment, the building of higher-is co valuable e baste material

to burn." speed vessels, and lessening of

construction

8 the intense competition among

Japanese builders.

فية

Association

Mr David Redford, chairman of the federation, said it was cefimated that the Pacific

Shipbuilding Orient Japan

similarly sentain reports

and

would of

Jiner Canberra

£600,000 worth when completed.--

Say many plastica foreign orders are going to China Mall Special European shipyards which have

Last Februarz; Japan's 24

75

100%

17

The

2314

10%

274xú

Association sources

Montgomery Ward

43%

Watson ...

DES

Motorola Inc.

170

National Biscuit Co.

33

491

National Cam

flex. "A"

G12/

been cutting prices and offer-

11.70 11.40 7000 11.30 4000 11.50

National Dairy Prod.

G736

Ing beral credit.

National Lead

1716

301

National Steel Corp.

New York Central

2236

1000 op 1515

0

Noranda Mines Ltd.

major shipyards had

4416

Norfolk & Western Ny.

100

North Amer. Aviation

2.425 2000 2.40

Bank of Montreal

51

Northwest Airlines (Com.)

2016

2000 2.375

Bank of Nova Scotia

*1

3000 2.40 11.95 11.05 KF 9.05 0.75 0.85 3000 6 0.05

341

Oklahaina Nat. Gus

Oi Matieson

#431

1950.

B. C. Tel Co..

307

4454

151

More than 10 per cent of the

203

15.00

300 et 15.50 | Bendix Aviation Corp.

INST

Pacife Cas & Elec, Pan American Airways

41

1812

Paramount Pictures

412

Parke David Co.

337%

Perry J. C. Co.

123%

Allied

..

Atlas Cona, Mining

Baldwin-Lima-Ham.

Baltimore Ohio

Beech Life Savers

Bell Telephone

Beneficial Finance

COMMODITY PRICES

RUBBER

NEW YORK Rex rubber

Trading in wheat was gener aliy light, but the May contract

futures cloring triided an irregular price pal- tern with a series of losses and prices, all in cents per lb.i recoveries. The contract closed

firm.

closed

Soybeans declined after recovering from

action of by-products

sharply

in errly

set

Trading wou sentiered in both contracts and lacked u special feature.-UPI.

Agreed merchant rates

Swiss Frahes, Maximum Ing. 75 7/10.

the trend.-UPI,

Exchange rates

Barinem was done in Dio unofficial exchange miatke:

morning at the following roles; U.S. dollars (per $13. sell-Sterling notes (per £1)

Australian notza (per C1) Indonvalent rupiah (per 100) Slain licals (tee 100) ... Singapore (Stralis)

West German Beutschemarks, Maximum selling, 72 9/10,

PLENTY

SON LIG

Marino & Industrial

PUMPS - FILTERS IMPELATORS

Suitable for all liquids and pastes Q.P.O. Box 8dó RENECO Tel. 84401

#

May

July

Sept

NOV

Jan.

Mor

May

SINGAPORE Closing prices all in

cents per lb. Lo.. parks:

No. 1 May

Juic

No. 2 May

COTTON

NEW YORK

LONDON

Otis Elevators

Owen-Illinois Gines

Uxford Paper Co.

Pern. Salt Co.

Philip Morris

Pitty Bowes

Procter & Gamble Cv. Pittsburgh Plate Glas Publicker Industries Pure 011

Radio Corporation Radio Corp. Pref. Raytheum

Republic Steel

Keynok's Metal

Reynalds Tobacco Royal Bank ut Canada

Closing prices, all in sterling Royal Dutch per long ton.

Rheem Mi

Scart, Roebuck & Cu.

Shall all Co.

Saloway Stores Saint Reg. Paper

7431% Schenley Ine.

Scott Paper

Siegler Corp.

Tin

Spol

3-munth

Copper

Closing prices all in cents per lb.:

Spot

704 703!$

240

Buyers Sellers

JAO

24019

3-month

PARIS 240

Sinclair Oil

Lead 1st halt May

773

77

*.50

40,50

30.02

39,10

33.45

Spot: 24.15 nom; May: 33.25; July: 30.04; Ort: 30.30: Dec 30.07; Mar: 31.2: May: 3157; July: 31.56: Det: 30.92; Dec 30.DB, Mar: 51.40.

SAO PAULO

Smi, Kline e Freneli

Aug.

2012

100%

Zinc lat telt May

0215

023

AUR-

924 ---UPI.

27 54

(Closing prices all In cruzeiro

37.00

per kilo):

Stralis Molayan

All unquoted.

Average price m, U.S. al 14 de- gated spot marketa: 22.15 cents.

Tutal safes: 5,140 balan.

12014-1292 1244-122 122-123b.: 110-119 115-116 1200-120% 123-1101 1298-12012

tecal this

No, 3

No.. 4

Spot rubber

8.74 Blanket crepe

15.05

Nu. 1 pale crepe.

12.00

LONDON

130

20.00

Closing prices

all in

100 per 1b.:

No. 1 Ita spņi

pence

3914.45

Betituent house term:

Apri/Ju

30%-2014

JulyBept

301-1122

Op/Dec.

Jen/Mar,

May

347-3430 33-334

30-30

July

2015-2012

Ertate reps this May

thick May. AMSTERDAM

General markets, elf. basis. parket

5.00 buyer

LIVERPOOL

Closing prices all in pence per

American Contract May/Juno: 22.30; July/Auz: 22.20; Det/Nov: 22.20: Dec/Jan; 22.15; Mar/Aprit: 2203; BERY/June; 22.05.

Mixed Contract May/June: 22.70; July/AUR: 2240; Ded Jan: 27.40; Delay: 22.45: Mar/April: 22.40; May/Juna; 22.40 DPI.

METALS

FOREIGN EXCHANGE

NEW YORK Closing rates; Chunda England oficial JD-day

New Zealand South Africa

1.03-1/14

2.0073 0.5000

Salar Aircraft........ South Puerto Rico Sugar Houthem Co. (Thes

Southom Natural Gas Southern Railway (Com) Sperry Fand

Standard Brands Standard Off of Cat Standart on of Ind.

Standard Oil of NJ. Steep Back

Stering Drug Co.

Sickety Von

Stone & Webste Studebaker-Packard Corp

Sunhide Mining

Swift & Co.

Texas Co Textron Inc.

lokal Chen

Tids Watge O Time Inc.*****

· Traders Finance Tri-Cont Warrants

Twentieth Century Union Carbide

DO-day

5020

Astralia

*.7450

2.7070

2015

.1056

-2700

207

United Fruit

2101

Tufted Cs-Corn.

Hweden Bwilzeriand India

Pakistan

- LONDON

Closing rates:

New York

Montreal Amtardant Brussels FORMAT Odo

NEW YORK Closing prices,

all in cents

May

11.4

July

12.30

May

11.40

Milan

Land

Zine

Closing prices all in guilders per lb.:

per kilogram, elf. May.

350 buyers

But buyers ||

0.70 buyer

-UPI.

1 July

Copper May

No rubber

No. 2 rubber

16. 3 rubber

No, i orde

July

Btockholm

Vientis

Zurich

Fox

Union Ost of Col, Valen Pabilis Railway United Aircraft

U.A, Fall "D"

17. Gypad

UB e Co.

TA, RUDHAT

3.80-11/28-2.60-13/10 17.8. Being

2.7234-2.72%

10.501-10.5uts

139.02-130.915

14.7015-11,201 2001-2002} 14.6715-14.0215 174513-174214 73.20978-19 12.154-12-1630

UB. Steel

1.6. 81 7 2.C. Pp Waukesha Motoro.... Warpingherese Edretrie Weniori Union TV). Co. Weak Va.. Puhi de Paper Warteze Stores Woolworth, N.W.) Zenith Madion

10012

bined total of some

com

Volkswagen sales

2,690,000 show increase

tons in backlogs, compared 10

4.240,000

JEL December,

Englewood, NJ, May 9,

Volkswagen sales

U.S. in three months

orders have gone to 14 of the of 1960 spurted 67.6 per

major companies, leaving the

פרת נו

facing Idleness.-AP,

prospects

len others, plus 230 smuller cent, ahold of cordiponding of 1959 level, the West Cor-

man firm reported today..

Vodlawngen, of America Inc. sold passenger car sales climbed untis from 22.700, to 38.199 giving 28 per cent of all im ported car sales in the US.

Boycott of U.S.

ships to end

Beirut, May 9..

March cale of 14,740 cars, the company, snid, run gecondi. only to the monthly record of

THE boycott of American 15,488 sat last December,

in "This potifying increase shipping in Arab ports

our sales," Volkswagen bald, will end dt midnight, the bears out the findings of our

thurt the

executivo committen of the

maitect studies. International Arab Fadera-idvent of the American compact tion of Trade Unions decidodinis' here tonight.

The boycott was enforced on April 20 in retaliation for the picketing of the

United Arab

would wo a healthy effect on the 'amall car market." -AP.

Republie freighter Cleopatra In Baltic

Now York.

(New York dockers began to- day unloading the Cleopatra uftcr the Senfarets. Inter- national Union had withdrawn "Its plckels. The lhes were sot réprisni dgafhst, the up up a

exchange

inquiries

London, Moy 9,

United Arab Republic for is STIVITY on the Baltic

boycott of laraeli ships.)

A committee statement to hight expressed the hope that

öxchange today has

bobh very low.

Ohe fixture, wis made with the booking of a sleunier fran Conakry to Poland for 0,500 lons American workers had realised are at 20/- FIO and elmmed

for May position.

fe unloaded after the removal

the "Zionist plotericon thlp to

The first

21

t

of the boycott wili bo

the

773

There work inqúfélék easels

for to carry edal from

Flying E, 7,101 bana. Hampton Honds to the Continent openie hare si she was due and Mediterranean and a 13 10 14,000 tonner was required to Kit to girivé posilerdiy, but · was Rited to remain

curry, coal froth Hampton Roads putado

to Hirehaia for August and wirlers undli the November position..

Further Inquiry whs for a 40,000 tonner to carty coal from She has how Been instructed Hampton Ronda to Japan for to enter the pott tomorrow to consecutivo voykkes over 10 unloud 350 tons of géltorál várgó. § Years congiunchig B the ipting-

BERKG) 1901-UPI.

A

terrori

2014

M

was taken

4314

dertal on linge boycott

-Rutar.

19