Russia Restoring The Aurochs
In 1947 there were an estimated 93 Aurochs in the world. These wild animals-European bison-used to live neurly everywhere in Europe, but were exterminated or died out, Soviet scientists are now taking mensures for preserving and restoring this almost extinet breed. There are three reservations in the USSR: in the Northern Caucasus, in the Belov ezhskaya forest in Byelorussia and not for from Moscow. Every animal is carefully, goarded in the reservations where they breed. Seven years ago there were less than 10 animals in the Moscow reservation; today there are 25 of them.-London Express.
Turned Into
Ex-King
Hospital
Playground
Cairo, Nov, 23.
A
Ex-King Farouk's playboy activities were not confined to the many clubs and cabarets in Egypt. Evidence recently given before the Revolu- tion Tribunal which is trying those accused of corruption in the "bad old days" of Palace and political rule showed that the former monarch turned the Moassat Hospital at Alexandria into one of his playgrounds.
The story of how the Hospital, originally built to give free medical treatment to the poor, was used by the then King Farouk for what was variously described as a club and a cabaret was told during trial of Dr Ahmed el Nakib, former Director of the in- stitution.
Heroic Act
Sydney, Nov. 24.
A railway linesman toro tr workmate from 1,500-volt power line but he fell down an embank- ment and was injured.
on
THE CHINA MAIL, TUESDAY, NOVEMBER 24, 1953.
ALL A
TRADE and COMMERCE SECTION
Page. D
Tackling The Tin Japan Seals Colonial
Surplus
FROM AN ECONOMC CORRESPONDENT
London, Nov. 23, The International. Tin Conference, which was reconvened in Geneva last week, has a better chance of reaching agreement on a price stabilisation scheme for the metal than the earlier conference which broke down in November 1950.
At that time, the world price of tin was around £1,100 a ton, and the United States stockpile was absorbing the world's surplus tin.
early
The 1950 conference failed because the United States could Bee 110 prospect of the surplus becoming serious. "It is difficult," its delegates declared, "to devise a solution for a problem only dimly visible in the future."
The situation has changed drastically during the intervening three years. United States buying for its stockpile, is nearing an end. And this has contributed largely to the slump in the metal's price to about £625.
Reason For Decline In Rubber Prices
of
The surplus, only "dimly visible in the future" when the International Conference first met to deal with it, is now a fact.
10
The gap between production and consumption is estimated to be running 25,000 tons annually. At present this amount In being taken off the world's markets by the
the American comtruction Finance Corporation
and
which has -term contacts with Indonesian
Blan Congo producers. The market is therefore protected from en im- full mediate surplus, but its effect will be felt when these
producers
Seesawing In
Cotton Market
New Imports Cotton
Tokyo, Nov, 23. Улрап Is considering Import of cow-hitde, calf skin and cll through the Japan-Indonesia open.ac. count, it was learned today,
Under the plan currently belog · studiod' by Govern- ment officials Japan would Import $3,000.000 worth of cow-kilde, 8000,000 of calf skin and $1,200,000 worth of crude oll through that account.
Government sources said Japan has favourable balance in her trade with
the Indonesiani Republia and that margin is expect- ed to increase as result of belsk exports to that count- try--United Press.
An Old
Complaint Repeated
Exports
London, Nov. 23.
The British Government is satisfied that Colonial / producers* should have no difficulty in finding markets for their cotton when the Liverpool Cotton Exchange re-opens next
year,
This was staled. In the House of Commons by Mr Heathcoat Amary, Minister of State at the Board of Trade, in reply to n question from Mr Harold Wilson. A former Socialist President of the Board of Trade,
Mr Wilton had asked whether the re-opening of the futures' market would involve a fill-in United Kingdom cotton pur- chases from Colonial and other- Commonwealth countries.
Mr Amory replied that il' was obviously not possible to 8Dy with certainty but Lord Woolton, the New York, Nov. 23.
Minister of Materials, WH3 satisfied that New York, Nov. 23. Sellers of cotton goods Colonial producers should and Cotton traders today were too last week repeated the markets for their cotton "If busy getting adjustments to complaint which has been they can produce In the nearby December dell-
else.
After
more bales
Because of the
some
warned that
On
it competi- Washington, Nov, 22.
very to bother with anything bothering them for a long tively," US rubber experts assert the
time -
overcaytious buying The Minister of State assured sharp decline in natural rubber
their cus- Mr Wilson that prices is due to over production
the ist on the part of recsawing the
Colonial rather than
Secretary closed seven points higher to 1p|tomers. competition with
hind consulted the Governors synthetle. They
of cotton exporting , lave
polats lower. Airged
Opening prices
unreasonably Colonies throughout the dis- upon production nations a pro- special American purchases end.
were off two to ti polnits. New Orleans gramme of replanting whereby
closed up 6 to off 14 Waren weather which develops cussions the re-opening of Alex Miller, 59.- and
Already, however, older trees near the Cikl
points. This was first delivery suddenly
distributor the free market. The market- Bruce Cameron, 38. were
very narrow thele
be are working on life would productive
notice day. Tenders appeared Ilvery situation could result if in close toues with these dis- a congested doing boards had also been kept pulling Insulators on over
profit margins. Soine have even destroyed and now
for considerably hend
now trees planted. power lines at
forced out of business
all hands decide to buy at once cussions. than expected. Flemington, and
This would tower output for been were
altogether.
to keep merchandise on the Tow standing
Inddern
yours and presumably
Not until while insuring
The long-term contracts be- ruise balanced on the roof of a
prices
ຕ
the spot discount shelves. In Malaya. for example, widened to about 50 points
tween the Raw Collon Com- railway van when Came-
healthy production in future. where Chintre mines recount for under March did the pressure development was a let-up in the Nyasaland,
In grey goods, one significant mission and Aden, Nigeria and ron's ladders slipped.
American officiats say they between 30 and 40 per cent of caso ofT. Open contracts In
which Ja
The have great difficuity in explain the country's total production, December ht the start of pressure to sell print cloths on Culonial administrations attachext ing the retation system unner 70 Chinese mines have had to business today was
200,200 sale at cheaper price. Second
importance, would be which the US
rubber close down. natural
Others have been pales. The certificates amount-
hand goods continued to tackle cat
kle honoured and consultations on stockpile
Even
the kept going only on the hope ed to 101,250 bales. Until the
into the market but the valum? the methods of doing this would works. natural rubber, which is sold by that the Geneva conference will position in December is whittled was smaller and mills were lg- Government to private sumers in this country, is not try's problems.
con-produce a solution to the inclus- down to smaller proportions, noring lower bids for good-sized once shortly.
ndtied. market experts thought other orders on the basic 84-square- replaced by Govnnunent pur-
factors like crop news, export yard print for first and second chase. It is replaced by the
developments and textile mae quarter delivery. private consumer who buys the
icet news would be relegated to the the background.
Yarn spinners also were rubber abroad and ropays the Against this background.
fusing to stockpile in kind.
prospects
agreement on
consider lower bids Relative easiness of new crop with some mills either curtailing marketing their cotton freely. The Office of Defence Mobili-international measures designed
to
down shut special dificulties months was blamed in part on or planning sation in its announcement toto meet the
for day pointed out that it does not which exist or are expected to ict-up in foreign buying in-altogether after mid-week
terest plus uncertainty as to the Thanksgiving holiday. Other affect the rubber set of 1948 arise concerning tin," are much
what form farm legislation will sources, however, said canrse which requires that "synthetic brighter, than they were three
take when Congress
continued convenes counts
plentiful rubber production should not years ago.
in January-United Press, despite production cutbacks fall below 220,000 tons annually
Milller told police Cameron clutched the live wire, his body kicking an 1,500 volts passed through him.
the
Müller Jumped from his ladder
grubbed and Cameron around the waist, the extra weight breaking Cameron's Erip 'on the recent
tho fell to power line. They
permanent way, but Miller fell on the wrong nide of the vab, and rolled 30 feet down an almost perpendicular embankment.
Both men went to hospital. -China Mall Special.
He was found guilty of acts "Some time later," he added, vitiating good government and | "ex-King Farouk met the told them
harming the country's interest, ¦ Bourd and frankly through his relations with ex- anyone who opposed. Dr Nakib King Farouk, and also of this would get his due." using his own position to mis- "Ex-King Farouk regarded the Hospital as a club where The Tribunal rentereed him parties
given," mailre Were
appropriate hospital furls..
to
Afteen years Imprisonment Fahmy declared. and ordered confiscation of 'all) Giving evidence for the de-
acquired by lilin since fence, wealth
Rashad, Di Yussef September 1930.
former private Royal physleian, Liculenant Colonci Sayer wis asked whether Dr Nakib's Gad, the Miliary Prosecutor, enemies (the doctors who had ́ said ̃ ̄that ̄Dr ̄Noib'sole alay been dismissed)-were-right-inj
in Director had been to acquire, saying that ex-King Farouk had
a fortune which was estimate used the Hospital as a cabaret. to exceed £200,000
Every time I accompanied One witnces, Dr Anla 24 ex-King to the Hospital."
"it Kishirs, said that in April 1945, replied.
wrs for mcdeal he and his merifenl colleagues in treatment." the horgital submitted a
Dr com- plaint to Dr Nakib about the had behaviour of the nursing esters. One of the sisters had been on the point of slapping
21
chemist on the face.
fushat said professional
Urgent Need For Titanium
secrecy Erevented him from discussing certain illnesses from which Farouk had suffered.
lle added that the ex-King'sub-committee favourite in the Hospital was a titanium.
Two days after the doctors matron named Iris. complaint, four of
clsmls.ed.
Five others
protest.
them were
resigned
SWINGS AND CHAIRS
Dr Rashad raid ak relations wih ex-King Farouk worsened in because he criticised his Royal
Dr el Kishin said that the rant
master.
the
because
6. securly considera-
the
of
However,
large
MUCH BRIGHTER
for
But whether the conference
need reaches agreement on the
Lions. consumption of synthetic in this for a price stabilisation scheme country apparently precludes will depend primarily upon the any necessity for invoking this attitude
adopted by the United world's largest lin
In the forseeable future-United States, the Press.
HONGKONG SHARE MARKET
(From Our Correspondent)
Los Angeles, Nov. 23. Aircraft industry spokes- men have told 2 Senate that now-costly "wonder metal", must be made available in lurger K
morning quantities to meet the re-
$508,622.50. quirements of supersonic aircraft.
Thomas Lanphier, vice- pre- Vultce staient of Consolidated
WAS FURIOUS Giving one example of this criticism, Dr Rashad said: "Ex- King Farouk tet It be known
it ex-Queen Narriman Aircraft Corp. of San Diego, presented him with a son and Californin, and Donald Douglas,
of the Hospital was supplied that
with swings and chairs for use
ปี
"If we don't
(Republican, Nevada) opened a an strategic
won't have effective supersonic have it, wc
Mr ghi:rs and bombers," gald Lanphier.
by ex-King on moonlit nights. heir, he would give £1,000,000 head of Douglas Aircraft, testi- No one was allowed to go up to to the people. When, after the fed as the sub-committee, head- the roof:
birth of his son, Ahmed Fuad, ed by Senator George Malone of the I reminded him of this promise, two-day hearing "On the fourth floor Hospital," he added, "a special he was furious." wing was reserved for ex-King Dr Mohammed Abul Ela, metals. Firoak so that he could relax at former member of the Hospital Board, who is now an Under- uny time.
"Private and pubile parties Secretary at the Ministry of used to be held at the Hospital Pubile Health, said that he had and In its garden for the ex- heard that the special wing in the Hospital reserved for ex- "Ex-King Farouk's behaviour King Farouit.
Ki
in
Hospital used to be re-moral purposes used for Ln- responsible for the dismissal Commenting on the case, the
the ported by the two sisters
weekly "A cenhour al the doctors. They were called Misry" said that it bare ecm- Mary and Rachel, and said that parisse vile and ugly pleured of
used to visit rolease ex-King Farouk them in their fints on the top of the ex-King's life, and the role played by his henchmen, includ- the building.
"According to the sisters, he Ing Dr Naldb.
one
shown
The newspaper sald that no used to flirt with them. Mary gold that
the ex-King mercy should be day Farouk had kissed her while she "lackeys" of the Petace regianc. was dressing a wound in his-China Mail Special
Jeg.
"Dr Nakib used to prepare the Big Cuts In Jute
parties for ex-King Farouk, who used to visit the Hospital specially to see the nurses."
One day, sald
Dr el Kishin.
ex-King Farouk went 10 the
Hospital to inspect the Polish
Output
Karachi, Nov. 23. The final forecast of the jule nurses who had been engaged crop area for the year 1953-54
The metal Is twice as strong as aluminium and half as heavy as stainless steel, Mr Lanphiler sold his
company's present plans called for using 22 ions of the metal this year but require- ments could jump to 1,000 tons by 1950. He said the company looked to the government to spur production of titanium.
titanium"
Scnator Malone asked Mr Douglas what should "wo be willing to pay for If any potential enemy should use it in unlimited supply in manufacturing warplanes.
"We'd probably pay, any price," replied Mr Douglas,
Senator
Malone explained that Utanium cost about US$15 per pround, to produce, ..., com- pared with
20%
cents for akuminium and 50 cents to $1 es a part of the polley of em- has been officially announced es for stainless), steel. He said it ploying foreign nurses. When 700,000 seres, including the did not sofien, under the heat the Polish nurses left, Armenian Sylhe and Chittagong hill areas, of supersonic speeds. and Jewish nurses were engaged. Compared with the previous Moltre Hussein Fahmy, year. It shows a decrease of 60.1 former President of the Moassat per cent. Hospital Council and former The total yield this yeűr, Minister of Finance, and now estimated at 2,503,000, bales of one in New Jersey and one at
The Senator added that the nation's supply now cama, from
is Australla, although two planta
this
consumer.
It is 'encouraging, in this respect, that the US agreed to allend the reconvened Col- ference. But its acceptance of the Invitation contained the important reservation that the US Government "would be in no position to commit itself to A specific course of action,"
Even assuring, that the con- ference succeeds in producing
international
agreement, action cannot follow until it in
an
N.Y. Foreign Exchanges
Canada (dollar England-oMetal
uncficial 30-day future 9-day future Australia (pounds New Zealand (pound) Helgu runci
the south.
re-
In
"Hard fibres were on a firmer basis. Burlap prices moved up
In line with advances at Cal- cutia and further rise irt both Indian and
prices for
Pakistan raw Jute. Hemp prices
improved with a reduction in
Mr Amory
The Colonies in which the cotton producers had no agree- ments with the Commision
to were content
continue
Bullish
Trend In Rubber
Singapore, Nov. 23.
Rubber prices in Singapore
Philippine offerings, The Bank rose more than US 1 cent on
of Brazil reportedly sold 28,000 Monday-to-lightly above 1014- Chising Bates tons of sisal this week but the US cents per lb. for first grade news lucked complete confirma- rubber for December shipment
Denmark (krone) France (franc) Germany (deutsche marki Holland (guilder) Italy-antelal Norway (krone) Business transacted on the ratified by the United States. Portugal (escudo)
And that must await the out- sweden (krona)
Spain (peseta) Exchange
the Randall Com- Switzerland-free valued at come, of
investigation Into US Middle East quotations mission's
foreign economic policy,
Egypt (pound)
SHARES BUYERS SEllers salES BANKS
BK Bank 1628 East Asia 171
04715
were:
Stock
was
Noon
INSURANCES
Union XD
Underwriters
SHIFTING
Weserbant
DOCKS, ETC.
Dock
20 G 830
0.43
ZO
....... 21.10 21.50 Provident. 12.00 13.70
S'hal Dock Wheelock
B.CS 8.70
LAND, ETC.
Hotel HKC Land
S'hai Land Humphreys, Realty
UTILITIES
*TTAIT.
Star Ferry
20.00
130
923
Abolition of
Restrictions Demanded
Tokyo, Nov.
The International
Ir fetal) Iraq (dinar) Turkey (ra)
Latin America Argentina-ufficial Brazil (eruzeiro) Bolivia (baliviano) Chile-oficiot
Columbia (peso)
Nov. 23,
$1.00!
2.01-7/31 (lon.
2.41-2.64
2.811
2.81
2.00%
In what was believed to be a butfish tendency
ency resulting from
In rayon grey goods, brokers news that America is prepared reported business stalled on to rev
natural rubber review
many types of staplo 00204 goods as a 1450
bo
filament buying policies.
result of the mills"
determination, to keep frm o welcomed news that US Rubber
their new prices, Weavers, in-
sisted they had to get higher prices on the basis of increased
yarn costs-United Press.
Rubber circles In Singapore Industry Advisory Committee will meet next menth In Washington. The US Govern Iment also announced on Satur- day a'reduction in the minimum requirement for the constumption of synthetle rubber.
Chicago Grain Meanwhile in Kunis Lumpur,
Prices
Chicago, Nov. 23. Prices per bushel in cents:
Closing Prices
Nov. 23
100
205
3
M385
.0001
2400
00:30
2350
.022311
2.8014
2.0012
0725
0065
4020
Cuba-oficial
1.00
Mexico (peso)
.1154
Peru-fire
Uruqury (peso)
.0335
Nov.
Venezuela (bollvar)
3100
Wheat, No. 2 red
Far Essi
Sout
20
1024
India (rupee)
Dec. 190
(10)
Pakistan (rupeo)
10714 1.
10731
109-18014
.1753
| March 1954 ..
20246-3
Indonesia (ruptal))
.0005
May
2034-
20334-20 2041-14
24.
July
10.924-
Sept.
1004
Trade
-United Press.
Corn. No. 2 yellow
Бров
15122
152
Dec.
March 1054
May July Sept.
132);
Itys
Dec. March 1954: Од
116-110%
110-11944
122*%
12315
Dec.*** 1954
Committee of the Tokyo Chem-
her of Commerce and. Industry
200 2.00 has advised the Government to 3000 # 2.81}}
1000 28 demand that Britain abolish
2004 20.70 trade restrictions imposed on
Hongkong (dollar)
Singapore (Strolls dollar) Japon
350 yen to us
Artificial Rice
1000 26.70 Japanese goods in some of her From Wheat!
100 + 140
C. Light (0) 1414.10 600 16.30 colonies,
Hows Jiji
300 $1 14.30 21 2000 dé 14.10.
4 10,50
000 6 14:20 reported today.
The Committee
ugtney
2801 nom, 30414 m. 29933- 305.205 303-305
Tokyo, Nov., 24.
703% +20° The National Federation
March
703-12 734 of
Boybean, Nr. 1 yellow suggested Purchasing Co-operative Unions C. Light (N) 10.20 1000 1500 44 10.40 that the matter be taken up at was reported today
Spat to be Nov. Electric 29,306,20,00 800 by 2011. the forthcoming Anglo-Japanese adopting a cautious attitude to
Jan. 1954 Macho Etc. 10.20
talks wards
March and payments trado INDUSTRIALS
the mass production of May Cement 18.00 10.00 1500 1 10.00 | opening in London shortly. artificial rice.
July 1500 £18.50
Bopt 200-18.70
Rope STORES, ETC.
Dairy
..10.20 1016 23.30 23.00
500 113.00
In a writen opinion submitted
of
2014-12 295-2001%
Malaya rubber bifcies hailed the American Government's de- cision. One lending denier said
at long last our appeals for help to prevent a collapse of the natural rubber industry have been heard.".
Cautious, market
obververs sald not only the American decision to review her rubber policies but the assurance of the Malayan High Commissioner, General Templer, that thero would be financial ald from Britain to akd Malaya's or economy had contributed to the Improved rubber market out- look-United Press.
Singapore Rubber
Market
Singapore, Nov, 23..- from, the
Encouraging United States
sharply. In
news
advanced prices
the atternoon,
proat-taking" brought prices bo-
low the
best levels but the market closed steady on trade
2003-
207-2002 301-302
20194-15
20
spot 130-102 nom.: $14.10 nam.United Press.
20414-204-
130-104
Closing prices:
Japanese press reports sald Harley
co-
No. 1 rubber per th
to the Japanese Government, Jijl that, in response to a call by the New York Bour, 209 10. sack, 114.20 support 600 23.60 reported, the Committee said the Government, purchasing 1000 + 2335 | cauze
Japan's "aluggish" | operative unions in several pre- 1200 g 22 exports to the sterling area, was fectures have already mapped
Awford 2316 COTTONS
- not the high price of Japanese out plans, fér manufcoring LONDON TIN 1-2000 a 200 products but import restrictions, artificial rice mi a'large scale, Textile Corp 6,78 4.85
against Japanese goods being MISCELLANEOUS
Yangieae-V,6,10-030-100 @ 6.10 exercised by Belish colonial
governments.
Exchange Rates
exchange
market
thi
Businela was done in the local namdial Ud. dollar (per $1)
But the National Federation has warned its members, to think twice before launching on
business
It also suggested.-:that the
Government at the Japariese corint parley demand the aboll-
tion of "discriminative forliffe whether
veritures
30
rice from
MARKET
London, Nov. 23.
The un markot was Arm. And out first Turnover was 12 tona, none for
such Hee cash. Closing prices;
peping the following rates against Japanese goods By the would be encouraged for a long pot tin, buyers
refter Union of South Africa, Australla period and, what would happen | d-mönth, un, buyers
· President of the National Pro-400 lbs. eaok against 0,023,000 Henderson, Virginia-now pro- | Sterling notes (per" C1) duction Counell, mald that
in the previous year, showing a duced about four tons dally on Indonesian guliders (per 100) 20.00 and other Commonwealth nations, to them if Japan should have a 1930 It was decided to form a decrease of 03.3 per
contract. United Barn leals per 100) cent government
Bingapore (Birgits) special Board for the Hospital. } France-Proste.
Indo-Chins pinaires (per 100),* 795. Spočiał.
Prose.
28.00
the agency added-China Mell bumper rice orop next
China Mall Special.
Jear Business
Beitienient
063
Feb.
No, 2 rubber per th. Dec.
No. 3
No. 4
Apol rubber unbaled Blanket crepe
No. 1, Dale Crype
48-49 03-07
United Press,
AMSTERDAM PRICES
'Amsterdam. Nov. 23.
The rubber market was steady.
Prices closed, as follow... (in. duliders per kilogram): Is
No. 1 rubiar par kilo Dec. 100 pald 04716 No. 2 #50 No. 3
llurs
United PremL.
.: 1.47 buyETS 1.00 buyers 64735 No. 1 erene rubber'' Dec. 1.61 buyers
-United Press.