THE CHINA MAIL, WEDNESDAY, JANUARY ~ 6, 1954.
Prince Georg von Time and his wife Princess Margarit with their baby son, born on 23rd December, 1953, who will receive the names at Prince Ludger Karl Ernst All Time of Saxonia. Princess Margarit is the dauzhier of Here Lucas, a butcher from Mulhelm - Rubir, and the marriage of the couple in August 1952 cauled quite a sensation in German Society clrcles, Prince Georg is a grandson of the Saxon King Friedrich August II1l-Express Photo.
Sir Edmund Starts
Climbing
Fever In NZ Alps
Wellington, N.Z., Jan. 5.
Scores of sturdy New Zealanders are today inspecting ice- axes, ropes and crampon-fitted boots in preparation for holidays to be spent in the mountains where the conqueror of Everest, Sir Edmund Hillary, first ventured as a novice climber.
They will head mainly for the famous Southern Alps, a string of lofty peaks, spaced by huge glaciers, which extends throughout the South Island.
A relic of turbulent upheavals far back in history, this rocky back- bone extends for several hundred miles, and each year attracts climbers -raw and experienced-from many parts of the world.
More And More thought, perhaps
Soviet Films
For Bulgaria
Viera, Jan. 5. The cinema is being used in Bulgaria
114 one
of the
to
most
OA
rock,
outside the rarc as he culty Edmund Hillary. Sir moved round the lecture hals Himalayas. The chief advantage of Europe recently, must have of the area is that it affords ex- which little re-perlence in ice-work, gretfully, of his comrades of the English and European climbers,
mostly train New Zealand Alpine Club taking who part in January summer climb- usually lock. ing expeditions.
Most of New Zealand'. mountains are easily accessible, ranges most but some of the worth "knocking off" are reached only after days of tough slogging through unmapped country.
His epir fent has whipped up enthusiasm for mountaineering where the Zealand, In New sport has always had a strong following.
Alpine men have
shied from
This is especially true of the publicly in the past. Today, wilderness of the Flord region Everest, thousands of miles away, in the south-west of the South Most of its 3,000,000 has changed all that. Must are island. interested in climbing for the acres is unexplored and covered dense bush. Annual sake of climbing. The bouquets with
rainfall is thought of in feel are not no important.
ruther than Inches.
Intent and effective means for completing the Russlanisation" of that already Intensely Sluv reports people, according reaching here.
These state thas 50 per cent
Characteristically, Sir Edmund of
films the
now shown 12
s. Hillary once told sumie admirers: Bulgaria
Soviet alms. Owing to the close similarity of "Lay off this Sir Edmund stuff.
Some parties will be away for the Bulgarian
Busslan Just cul ne Ed." and
ran be lang
People are reading and think-weeks trekking and climbing in Janguages, these ims shown in their criginal Hussian ing more about mountaineeringle known mountain valleys. text, and
thus rapidly now than ever before. eliminating the existing differ-
arc
aro
ences
between
janguages,
paper,
the
twc
RECORD ACTIVITIES
The Indications are that the According to the Solla news-
"Vetcheral Novini" next few weeks will see record (Evening Nows), (or December climbing activities in mountains in here, though how much of the onthusiasm will be has increased from 213 increased
when the lasting is uncertain.
3.
of cinemas the number
in
Bueptember 1944,
Loading
newspapers
་
WILD-LIFE
valleys It was in one of these that the tokahe
or notornis, a bird thought extinct for half a contury, was found five years Other important mineral ago. and wild-ite discoveries have also been made us areas became opened up.
There are trampers and clim- bera in the Flord region who have live in the hope of being the figures In a sensation
UK
TRADE
* Page 9
AIRCRAFT EXPORTS UP
No Sign Of £64m. Worth Sent Recession In Canada
Abroad In 1953
Ottawa, Jan. 5.
Canada's post-war boom may record-breaking yours, but there are no signs of serious coon
be levelling off after three
trouble in the immediate future,
Trade Minister C. D. Howe said
today.
Mr Howe, the Cabinet Minister
economic
who is responsible for the
country's
pro-
Kress, said in his annual report on the nation's economy that in 1953 Canadians increased their production, income, spending
and saving.
There was no reason to believe
they wouldn't do equally as well in the coming year, he said.
الية
اللحم
63w no
London, Jan. 5.
The British Aircraft Industry looks back in 1953 as a year of consolidation, in which production lines were built up to meet the growing demand from customers at home and abroad. The task of producing aircraft and equipment for export was set side-by- side with work for defence.
The latest export figures tell their own story ---a new record of £64m. in the past twelve months compared with £44m, in 1952.
Since 1950 aviation exports have almost doubled, and the expectation is that before long they will reach the £100m. a year mark.
over
too.
Soviet Pigeon Chose Freedom
Rome, Jan. 5.
A Soviet carrier plzeON today appeared to have "chosen freedom”, as slighted on, RI Italian trawler near the Ligurian coort.
The pigeon, which To- fused to fly off again affor receiving food from *the crow, had OF MITO
of th feet a metal plaque bear- ing a red star and an 18- moription *288547 Mur mustikk”.—-France-Presse,
NEW YORK
STOCK
MARKET
dividend
8.5m Workers Had Pay
Rises In 1953
More than 8,500,000 British workers are likely to have received weekly wage increases
totalling £2,500,000 during 1958.
Already, in the first 11 months of the year, according to a re- cont Ministry of Labour Gazette, 8,200,500 have had weekly ad- vances amounting to £2,242,900.
In the 12 months of 1952 11.- 387,500 workers received aggre- gate weekly Increases of 24- 420,500. In previous comploted years the figures were;
Aggregato
Weekly
Workers
Increasex
Affected
1940
1.150.000
580,000
1940
8.700,000
2,633,000
1941
8.800,000...
2,490.500
1042
4.707.0004
1,108,000
1047
7.937,000
1.630.000
1944
8,587,000
14.000
17745
7,308,000
1806,100
7000,000
2,901,300
1041
1949
1,973,000
1.735,000
2,737,000
3,408,400
1.200.500
7,614,000
3,080,100
and
1931
15.282,000
4.dby.bar
Workers who have.benefited
This growing output, together | craft, not forgetting the gliders, with rising production for do- and sailplanes, will be good for fence, required a parallel rise | expart. Bombers, day and night NO TROUBLE AHEAD ·
in the industry's manpower, fighters, and naval aircraft will Mr Howe
he
Over the past year the labour bo going to the squadrons at
New York, Jan. 5. of signs
scrlous economie
forco grow from just
home. And planes will be avail-
Stocks pushed ahead at a good 1040 200,000 to about 225,000.
able for military exports, trouble ahead, either in Canada
pace today 10
to responzo At the same time, the indus- or in the United States.
The sights are being set high.
However, before long foreign last night and the reinvestment 1930
President Eisenhower's messagʊ There
were substantial Intry has established itself as a creasca
and in major supplier of equipment to manufacturers will be making In employment
airline
your-end operators, initial test flights with proto-of the civilian labour force. Money the world's
Interest payments, or-type jet aircraft. The time of a slight many of whom have now incornes were up and
Industrial adares rose to a new by allowed dered one or the other of the challenge is coming and with it Lower
prices
wage rites include those wering Canadians tu buy more for their
new British jet and turboprop a stimulus to every man in the high tinee March 27, 1958, s agriculture, mining, (CX- their transports.
motors, oils, stecis,
rubbers, tiles, clothing, buliding, trans- money.
and
number of Average weekly cornings by
Orders on the books for those
metals
special
The port, distributive trades, public labour
stocks moved up starply. increased six
machines now total some £04m.,
administration and railways. percent.
industrial average rose $1,80.
inder of wago The
rates Living standard ГОБС
and £10m, worth have already und
Ralls, with gain of 90 cents buying
been delivered. There are active
(June, 1947-100) In November Increased,
for Food consumption was up 12 negotiations in hand
was 187, the same as in Octo- ber, against 134 In November percent in a two-year period. other £100m-almost all for
and December 1962. The re- United Press.
tall prices Index (June, 1947— 100) In November was 140, the same DS October,
compared with 138 in November and De cember 1952.
consumer
HONGKONG SHARE MARKET
BD-
home industry to keep strengthen the position British designers and craftsmen
WOJL.
export. None of these Burts China
include spares.
Altogether 15 overseas ale- lines have asked for British equipment.
GROWING COST
and
have
in their
for the second uverage, day in a row had the
best
Wants to rise. Improvement
To Expand
Big Industry
group ranged to mora
than a point
of
Utilities, laggards most the day, joined in late in the session to show a 30-cent provement. The general mor-
average was
At its since Dec. 18.
ket
best
sub-
From
com the start of January to the end of November last year, 1,053,000 working days were lost through industrial disputes, stantially to 1,620,000 shares involving 274,000 workers. This from 1,310,000 yesterday.
Volume picked up
compares with 1,057,000 lost Of 1,128 issues traded today, days and 381,800 workers in the 773 were higher, only 171 lower. corresponding period of 1952.
The New York Stock Ex-London Daily Telegraph.
bond change
volume Wha
London, Jan. 5. Communist China wil!! concentrate its main efforts in 1954 on the building of heavy industry and rail- $3,751,000. thways,
the according to
The American-Stock Exchange Government newspaper volume was $30,000 shares.
Dow Jones closing averages Peking People's Daily,
were: quoted by the New China 30 industrials News Agency.
During 1933, the Hunter and then the Swift both established world speed records which, in turt, were beaten by American fighters. With the next jump in speeds well beyond the sound barrier, America has accumulat- ed valuable experience, and it (From Our Correspondant) Is In this sphere that the Bri-
ligh aircraft Industry faces Business done on the Stock most severn challenge, not only Exchange this morning amount-in inventiveness but in economie ed to $002,895,30, Noon quota- ability to meet the growing tions and the morning's trans- cost of these new machines. actions:-
In May 1959, the world heigh! record
WEB gained for Britain by a Canberra with the The newspaper in a review of Olympus engines which power the old year and a stocktaking the latest Britian bombers.
tor the new, sald the tasks for
WITC tremendous while i
been narked by
BHARES BUYERS SELLERS SALES
BANKS
Hi Bank ... 1375 1590
INSURANCES
Lombard
Union
SHIPPING
Asta Nov
-
7.03
פן
Great
British fighting aircraft have 1084
been
chosen as standard types | 1953 hnd for the NATO production pro- "adverse natural gramme which is being financed certain areas,"
The
conditions in
In part by American "off-shore" dollars.
newspaper disclosed .British aircraft have been slowing down in Chinese Indus- chosen for the Canadian Airtrial expansion plans for 1934 Force and other Alr
with Forces as compared
previous overseda,
years.
quoted preliminary statisties to show that the value of overall production in 18953 was 30 per cent higher than the 1952 figure.
GOOD PROGRESS
The
It
C
284.19
18
40 bonds
20 rails
utiliter atocks
Comm, future price index
90.41 62.53
107.30
168.10
-United Preem
US
Commodity
Markets
World Steel
Output Increasing
"Iron
New York, Jan. 5. Age reported today that although the free world is turning out nearly four times as much steel the area behind the Iron Curtain, the Communist bloc is boosting its production al a faster rate,
New York, Jan. 5, Leading commodity marketa today moved higher. Tightening world supplies of cocon was de- hind market firmness today. In a study of world steel out- Continued progress was made
Higher cash markets in the put the American metal worlLing North-west and South-west, plus weekly said that, combined pro- with the power and efficiency of
Russia and Ats Britain's turbine engines.
exporter buying in wheat and duction of Avon,
The value of production corn, rallied the gains.
satelites was 14 per coat greater one of the most impor-
17
in the previous At Chicago, wheat closed up in 1853 than tant engines in the mliltary and schedules for this year was
cent above last year. The 24 to 2 cents; soybeans up year. At the same time, the has per commercial
programme,
"Iron Age" noted; "Free world been flown at nearly 10,000 th, newspaper wamed: "We should 1 to 2 cents, 27.30 thrust without
Other not expect industry to grow at
At Winnipeg,
was nations produced 200,000,000 net even more powerful engines the sarho ratto as before. It priced at 180% cents per bushel tons of raw steel in 1053, while
raise our such as the new Gyron are on would be wrong to
for No. 3 Northern, and for total production of the Com- the stocks, but
performance demands to too high a level."
blo: No. 5. it was at 105 cents.munist
was 54,300,000 agures cannot be given.
tons.' United Press.
In 1952, the non-Communist 182,000,000 world turned nul tons while the 'Red bloo pro- duced 48,000,000 tons.
Béla
840
1.13
19.00 1.9212
DOCKS, ETC.
K. Whail ...
150 * 03 8215 2015 21.19 9302090 Dock
1318.10 1000 Provident 101
¡N: 12 50 S'hal Dock, 140 Wheelock
LAND, ETC.
HK Hotel... 9.00 0.00 2000 ve 1.09
IK Land
78 775 701 Humphrey
Really
UTILITIES
Trani
5000 v
0
3000 st 100
27 20 27.50 500 ( 27
500 6 37.20
300 2000 27.5-
Peak Tram
(0)
40
c. Light (b)
.
C. Light (N) 10.90 12 1500 Electric
1132 2015 Macao Elec. 10.45 10.70 Telephone
233 64 27 2068 27.10
14 14.20 700 @ 14.
270 + 14
10,00
3400 14.10
British
manufacturers entered into further agreements
130 MAJOR SCHEMES
also
INDUSTRIALS
Cement
produc- It disclosed that the with engine manufacturers over- ulon interesso planned for this seas for the interchange of
brough! year would chiefly be technical Information, which la about by batter use of existing a further source of valuable re- venue to Great Britain.
productive capacity.
Spot
March 208)| U
265 (3) May
22:03
20615-208 2081
205-14- 208
a
STORES, ETC.
Dairy
July Spot,
109 2011
2014-1
20316-
Watson
1
L
Communista took over power in Bulgaria, to 1,172 today.
This process, which is called featured the seried version of central
Sir John Hunt's book "The alinost as great as the climbing "Kinofication", has led to the Ascent of Everest" and the film. of Everest. The presence of erection of a cinema in every The Conquest of Everest" has many untrodden areas gives rise town of over 5,000 population in had long runs in several cities, to their belief that some day a
In addition, In the country.
The word "Everest," na manu-New Zealander will pause while order to bring the cinema and
and advertising ascending a peak, and in a Soviet facturers its effects of spreading
will sight valley hns nearby soon discovered, Ideas, culture, and language to gencles
hunting "lost tribe" of Maoris Whole
of the Bulgarian strong selling power.
their wild game, Mos. A moa population, even in the most in-
Sir Edmund Hillary is a bee- is a 12-foot high wingless accessible corners of the land. 15 ceper, and claims that honey monster, Last
about seen travelling cinemas on have been set up. These show gave him extra energy. It was century ago. Soviet films to the population of not long before sales of honey
the
the mast country.
lorries
remote parts of the went up in several cities,
Like
country, every
New classic climbs Zealand has its
As always, novico climbers and famous climbers. Dean of the Since April 1948, all Bulga-will run into danger this season, country's mountaineers is an 80- Barrister, former been perhaps death in some cases, year-old, rban cinoman have
experienced
will) Arthur Paul Harper, nationalised. During this period and
whose books on New are still read both here and
men
no less than 604 Soviet-made undertake ambitious schemes. cinema projectors have Весл imported and installed,
LOVED WESTERN FILMS
the
A favourite is to establish overseas. records for lengths of stay in ice caves during storms. Thils
is risky and technically noti And during this, same period mountain climbing, but fun to the Western, Almi, which Bulgarian people used to love, those who like it.
have been gradually ousted and
UNCLIMBED
PEAKS
TREACHEROUS
COTTONS
Ewa
Textile Corp. 7.70
MISCELLANEOUS
Yangiste... 0.20
***
I
1500
1000 x 7.05
reheat.
1032.
But it declared that
of
wheat
CHICAGO GRAIN
Chicago, Jan, 0. Prices per bushel in eënts:
Wheat, No. 2, red
Chong Prices J4 2000
Jan, 0
The Ualted States produced more than twice as much steet this year as the entire Soviet zone.
Steel
the United output in Corn, No. 2 yellow
States, "Iron Age said, set a tons, a record of 111,000,000 188
1581 1301-163 2651-11 | boost of 20.1 per cent over 15034-35 13716-18 1952 and the greatest tonnage
15011⁄2 181 New York flour. 12:00
157
25214
wack
$13.00m $14.00.-United Prete.
ever produced in one year by
a single nation.
"Steel-making records
a din
were
dime a dozen in 1933," the publication commented.
production sot a new
London Rubber record high of 254,600,000 tona,
Prices
This is an 11 per cent gain over the former 1952 record of 229,400,000 tone-United Press.
Futures
.... 1.00 19.10 500 + ID
2000 18.90
New rocket and ramjet motors The Communist paper said
gulded missiles pro- thai 25.00 for the
construction 130 23.00 25.70 1000
major 2000 28.19 i grammo were tested on the schemes, nina roliwoys and 3,100- 22 2000 a 21.80 ground and in the mic. .... 21.00
miles of highways were taken in Spot 1700 21.00
Karch hand in 1953. This year more 732 0 13.30 Crawford
THE FUTURE
May capital
projects July construction
Sept. Looking forward, there are were envisaged. for British 3.00 bright prospects
During 1954, nearly 70 newly 1954. commerical aviation in The Series & Comet is due to ly built or expanded projects, In- 1000 during the year, and continued cluding coal mines, power plants,
with the pit fields and a number progress is expected now Vickers Jet transport. The factories would start operation. trans-Atlantic Comet 2 service Zealand climbs New York Sugar
will be inaugurated by BOAC,
The Peking People's Daily gave Market
and the Britannia will be start the present Chinese population as being "in excess of 500,000,- ing route trials. New develop-
London, Jan. 5. Bri-000. Il placed special emphasis ments of the turboprop New York, Jan. 5.
The rubber market Was World No 4 sugar futures to- tammĒR and Viscount will be on the 1983 grain harvest which Mount Aspiring, a jagged ley day closed unchanged to 2 points under way,
was only equivalent to that of steadier with No. 1 spot Rs New York Metal claw in the province of Olago, higher with sales of 82 con-
quoted at 17 1/16 pence per 1b. Matterhorn. tracts.
Flight testing of a jet-driven is Now Zealand's
hellcopter is also due. Several
"Laking Prices: To skilled climbers,
Domestic No, sugar futures manufacturers are going ahead into account the requirements of NO. I spot, Ras 27-1714 treacherous difficultles only serve closed unchanged to 2 points
with "Dakota" replacements and slate and people, and the poten-Bettioment houre term: 17-1744 The busiest climbers will be to increase the pleasure of lower with males of 67 contracts.
Lalities of agricultural produc- Feb.
March Future closings:— was calculated that there were the members of the 1034 New success,
visite to 10,774,000
Bulgarian Zealand Himalayan expedition The earlest
Contract No. 4 (world) climbs unually the dondliest, and March cinemas in the year, of which to be led by Sir Edmund Hillary. prove 1.200,000 were to Soviet Russian They will attempt to reale one carelessness boosts the deathroll
July films in
thero *952,
were or
unclimbed in New Zealand mountains gach Beptember more of three $2,000,000 Vista of
peaks between April and June year, which
This season, within a spot (cenia por ib. for Cutta)
Contract No. 8. 45,000,000 were to tussian films.
week, olght persona died in ne-
March These figures show that while
tecidenta on one, peak.
MAY This hand-picked group the number of
Than
and "killed aro me. visitors to
July storing up plenty of practice in cinemas increased threefold,
women who venture out withatat september | ice and snow,
equip- that of visitors who saw Soviet scent for the hashughuis guides or equipment. First Class not costs per ib. of NY filins had increased five times,
gear, a national rescue organisa- tion and a string of mountain- for the very good reason that it is not being taken to India. was impossible for them, to see
Some, if they have time, will side hule help to reduce the risk In falls and ex-. any other
Alma even if they spend their annual holidays from injury wished to do so,
Bulgaria, as u Slav country high contral Alpa of Mount Cook,
Government and New Club have with a language yer alcin to whose 12,200-feet high peale in Russian, proventa fower dificul- the highest in New, Zouland.
expressed concern that so many Fuldos and resettern have had to flea from point of view of
Then any of · the The Alps, which Mount Cook die while going to the aid of "Runification
-China Meli other satelille states of Eastern dominates offor a variety of foolhardy allmbor
cilmbire" and a descos of dif- Specials
replaced by Soviet Aims,
Thus, whereas in 1947, it
ips4.
sharpotting up technique on
the pine
-: (at)
5.340 Jib
3.37-28
325
8.40
panding their work on guided
0.43
0.02%
missiles, not only in home fac
0.20
terios, but also in the extensive New
are being bullt. prototypes are will the misphere, 1054 tlen, it should be within the April/June
undoubtedly see the first country's reach to raise the grain general markets, eit basis, ports flights of important new air output by 10,000,000,000 cattleren. Tab.
16-17 United Frem craft-including a prototype of (290,000,000 bushele) above
NEW YORK MÁRKET the Gnat lightweight fighter. 1963. (gure."--Reuter. British firm will also be
New York, Jan. 5. Rubber futures today clored
New York, Jan, B.
10 13/10-17
Prices of metal futures today closed as follows (in conta per
the
Lead Jan,
Feb.
York Cotton 5 to 10 points lower with sales
Win Jan. Tab. Zino Jan.
Jub. Copper Jan.
D
Prices
of 10 contracts,
* Now: Tork, «Jan;4.
27 Closing Pricas
persunited Press:
workshops which they have or- tablished at Adelaide, Australia, nour the Woomera Rocket Rutazo. There, the climate al-
the year round. "Business was done in the lot PRODUCTION KEYNOTE unotizial exchange-toarket / thir morning at thì zalighei
The lobynote of the. Industry's offorty in the forthcoming
-flow of turbid
Exchange Rates own texts to be carried out all
traraports': And, the smaller liners and Hght dire
All of the business Was represented in an exchango of
10p
-United 'Pre LONDON TRICKS
·London, Jah, 61-
Prices of metals closed today. (in sterling per long.
May contract for physical pa fallows rubber,
ton) ; -- -
In the spot market, dealers quoted No. 1 spot, Ras at 20% u pot
__3-anánen Future
Copper pot month
44-45 1946-40 conte per pound.
|| closings-
April
*April
28.74
+23.706,
Lead Ja
buyer