Twins For Bandleader's Wife
THE CHINA MAIL, THURSDAY, APRIL 15, 1954,
Mrs Cyril Stapleton, wife of the BBC bandleader; recently gave birth to twin boys in St. Mary's, Paddington, who now foln thoir first daughter, Carole (2). This picture from the Carole admiring the twins, who havo been christened Gary (left) and hospital shown
Jonathan, Central Ircas.
Tito's Recipe For Long Life: Don't Worry And Keep Physically Fit
Belgrade, Apr. 14.
Keep physically fit and do not worry about life's problems --that is Marshal Tito's recipe for reaching a ripe old age.
He gave it when asked informally by a group of Western journalists this spring what measures he intended to take to ensure a long life.
Marshal Josip Broz Tito, Yugoslavia's 61-year-old President, keeps fit by shooting. He usually manages to disappear quietly for at least two days each month to indulge his taste for this sport at some hunting lodge, while foreign diplomats in Belgrade speculate on whether he is ill or holding a secret political conference.
rakija go well together in the
This winter, while the vire-Minister of Foreign Affairs,
in mountains of Slovenia, he shot who was formerly Yugoslavia's snow, two flex, walch are very rare delerate to the United Nations. in Yugoslavia. He said proudly he had also bagged an excep- tionally large wild boar, about 4 feet 6 inches in length und 10 low in weight.
Other ingredients of his keep his greying hair. He scoffed at
оп
་
A
to
Not all the Yugoslav leader As a result of keeping t are so keen on shooting. Dr Marshal Tho, though (10 will
Joza Vlifan, + Trieste lawyer be 62 in May, has
who a healthy,
Secretary
the ull-the-year-round tan under Presidency and normally Marshal Tito's inseparable alde, profers to stay in Belgrade possible.
Marshal Tito
himself tells with a twinkle in his steel-grey eyes, the story of what happen- cd when ho took Mr Mosa Pljade out shooting this season, Mr Pjado, President of tho Yugosicy Parliament, Yü
is wizened little man with strong spectacles
whose pastime painting in oila
he had
heart attack last Autumn, adding: "At my last medical check-up the doctors found that I had a botter heart than
they had."
1 polly are: eat little, drink cone Western press reports that Htle, except for Turkish coffee,
10
Jerks" do "physical geng up in the morning.
During the Inst two years, he bus cut down his smoking Trom 60 to 20 cigarettes day.
Tins cigarette limit may be dis- exccrued during a lon
takes cussion, when after the other of his favourite Yugoslav brand from a large crocodile cigarette case, sent as a present from the Valted Staley by Mr Ales Bebler, the
One of the rare occasions on which Marshal Tito enjoys a drop of alcohol is when he goes out early on a winter morning with a fask of "rakija" (plum brandy) in his pocket, to shoot wild boar,
Then ho culs off strips of bacon and cooks them over an open fire. Bacon and
They Seek Independence For Colonies
Wilberforce
Reincarnated
(In Mr Fenner Brockway)
London, Apr. 14.
A new organisation which wants to fix dates for the full independence of all colonial peoples was founded in London yesterday,
The Organisation, "the movement for colonial freedom," is the result of an amalgamation of three other organisations-the British Centre of the Congress of Peoples Against Imperialism, the Council for the Defence of Seretse Khama and the Protectorates (of Southern Africa), and the British Guiana Association.
a
It was early one cold morning, and Mr Pijade fell asleep in his butt. A door sauntered past In of but Mr Pijade
learned
TRADE
COMMERCE SECTION
Britain's Move Sir Winston's
To Clear
Debt To E.P.U.
By. Sydney Campoll, Router's Financial Editor
London, Apr. 14.
As part of a "package deal”, Britain is pre- pared to make a lump payment of £30 million of
Herd Wins
Bir Winston Churchill, dairy farmer of Chartwell Farm, Wester- ham, has won flest place in the National Milk Records competitions with his herdd of Jersey cattle, for Kent
There are 10 animals Erz tho herd; they mayb aR average yield of 975 gallons of milk-94 more shasa their nearest
rivals-with
AU AVOTREO fat content of 5.10 per cent.
British Businessmen
Criticise Check On
Expenses
Executives'
London.
Resentment is being created among many British businessmen at what they regard as the unnecessary strictness now often shown by the income-tax authorities over expense allowances to
her debt to the European Payments Union. She HONGKONG directors and other senior employees. All claims
is also prepared to negotiate with the creditor countries to pay off the remaining £164 million of her debt over a period of years.
Germany, as the principal creditor country,
STOCK
would get most benefit from these British pay- EXCHANGE
ments.
As the other part of the package, Britain wants the creditor countries, particularly Germany, to nocept responsibility for not allowing their surpluses to be. come a strain on the Union în future.
on
representative to the EEC dis- cussions
the question continuing the Europeon ments Union.
any
(From Our Correspondent)
Business on the Stock Ex- change this morning amounted These British proposals were to carry the burdens of con- and the morning's dealings:-
to $1,024,842.20. Noon quotations made in Paris by the British vertibility.
The creditor
countries DEBUARES BUYERS SELLERS GALES or dollar payment| BANDS of want gold Pay-for a Ärger proportion of"
surpluses that they may earn in In a nutshell, Britain is oiler-future. Britain resists this, on ing to make a contribullon to-
INSURANCES the ground that the surpluses wards clearing up the present ought not to be allowed to big outstanding debils credits if the creditor countries As to the terms of selling the will ensure that such excesser debt remaining after Britain's will not be repeated in future. lump sum payment,
il 18 rew Britain
than
and occur.
would want more called that Germany had
verbal acceptaner | post-war debt to the British of responsibility by Germany Government of about the same und the other
fize rather over £200 million. Germany continued to have
creditors.
Britain accepted settlement of
huge current surplus at some this by writing off more than a quarter of it completely, bring- hud quarter sbe vertaken that she would noting it down to £150 million
date
when
have one, then Germany her which is to be paid over H reif would have to take the period of 20 years without in- burden of it, for exmaple by terest.
retralning from laking part
女
DISPROPORTIONATE
That comes to Germany pay- ing Britain £7,500,000 a year, while en
of it in gold or payment
or dollari. The two big debtor countries in the Union are Britain and France. The big crediturs are
a British debt of Germany, Belgium, the Nether
about the same size Germany Is lands and Switzerland,
ta nsking Britain
£ 08 pay At
the present
creditor million countries want
a year. the British
The British and French
representatives debts to
be will argue that this is dispro- paid
gold oft in
or dollars portiouate. ever three years. As the total British debt to
difficult for It will be very the unlon 15 £194 million, this would cost Germany to undertake not to
surpluses in future.
surpluses arise not any's merely from such things as her export subsidies and her tariffs. In the main they are due to her Internal her
run
IL
Britain about £65 million year in gold or dollars for each of the next three years. crushing burden.
If
HELP BRITAIN
tho
were
cver
Ger-
policies, particularly high internal money rates. unlon
Britain's line is that if Ger- wound up, the creditor coun- | many cannot reduce her suir- to pay pluses, she must carry the rap ment in dollars over three years. for them
herself instead of
trip would be entitle
As another part of the package leaving Britain and France to deal, Britain wants to negolinte | hold the baby. with them more tolerable ar- The Finance Ministers of the rangements for clearing up any countries concerned are due to debts that may be outstanding meet in Paris on May 5. It at that time.
will not be easy to get things Such an arrangement, it is | straightened out by that time.-- pointed out, would help Britain Reuter.
only woke up and cared about German Exports Higher
it when the
off
deer moved and gun further down the line blazed away.
The Marshal's trophies are stored in a shed in the grounds of his villa in one of the rest- denial suburbs of Belgrade.
The Yugoslav Government
ensures that not only dla own leaders but also foreign diplomats
matie
have shooting facilities. A diplo
shoot le organised at Klenak in wooded country west
of Belgrade, where pheasants, hares, foxes, and a few wild cats and woodcock are to be found.
Some members of the diplo- malle corpe here have the re- outation of being excellent shote, among them the French Am- bassador, M. Philippe Baudet, the Turkish Ambassador, M. Agah Akrol. the Belgian Minis- tor, M. Georges Delevigne, and the Swedish Minister, M. Ole
Jodnhl,
Marshal Tito believes in the oying that a change is as good the as a rest. As President, he has
of
critics at
the several residences at his din
mero
HK Bank East Asia
1540 170
50 1050
Union
.....903 DOCKS, ETC. K. Whast Dock Provident (0) 12.70
RO 805
70
71 18.30
1,00
S'hat Dock Wheelock
LAND, ETC. HK Hotel 11K Land S'hal Land tturapatsr Healty
13 1800 / 12.80 1000 на 12.130
500 4 12,56
7.B 7.83 11000 g 7.30 1500 GA 700
8.00 1.00
7500 40
3000 w
7.80
3000 14 7.115 7.00 9000 1.09 2000 4 10 2000 @ 1.88
7.69
3000 § 7,80
01 180 01 1.70
18.20 16.70 410 # 18%
......27.20
UTILITIES
Tram
Star Tr
2 2.00 5000 14 2
10000 2.02
1000 wasals 140002.0215
C. Light (0) 18.30 185
200
are now being subjected to the most minute scrutiny.
Already many previously agreed allowances have been withdrawn. Businessmen whose annual salary and exponses exceed £2,000 a year are finding the new super- vision especially exacting.
The Intensity of the Inland present inquiry into expense Revenue's drive is illustrated by allowances was that when the a recent decision that premium relevant Act was first passed prld by firma for £2,000-8-in 1048 it was only possible yenr employees in "privato to improvise grrangements all patient" Irurance schemes over the country, will now be subject to tax.
Local
inspectors were only Under these schertea em now finding time to review ployees
bo
apeured
of these early arrangements. They medles and hospital treatment were being reduced when they
can
ne private patients. Individual did not seem to be justified. premiums may be no low
or JEZ
One feature of the increased scrutiny is that senior
execu tives who travel abroad must
now deduct from their Lax claims amounts equal to thele ordinary living expenses At home.
CONCESSIONS CANCELLED
NEW-YORK
STOCK MARKET
A managin director said last week: "In the past it was only necessary to put in general claim la respect of 1 Industrial shares were busimas trip abroad, Now we
Д
New York, Apr. 14.
have been given to understand the feature on the New that we must make a sultable York Stock Market again deduction for what we would today,
have spent if we had not gone.
The secretary
Large of a
to
A reduction in the rediscount
London company said he had rate by the Federal Reserve Bank. Just received a letter from the at Chicago from 1% per cent to 11⁄2 per cent, with others expected cancelling Jocal tax inspector
follow suit, i concessiona previously agreed
gave added impetus to the rise which has for directorS..
carried industrials to the highest years. levels for 25
Industrials, which had moved
in the narrowly
past two sessions as trädern paused for
rose consolidation,
$2.78 average today their best gain since February 20, lifting the average to its highest point since October
1928. 22,
It also called for full details of all allowanets and benefits in kind made by the company.
A Londan 720 @ 18.48
lax consultant sala ho was trying to obtain 1000 si 10.40 | cognition of a claim for £100 1000 & 10,40
company 300
10.40 41 10.40 15.40 W 18,50
16.30 expenses paid to a 16.40 director whose salary W19
about £7,000.
"It obvious that a man in that position musi incur folkly HP 18.50 substantial expenses, but the tax people are checking every penny of it," he said.
12:00 g 13.40 13.30 200 @ 13.40
C....light (N) 13,40
Electrio
30% 3115
3114
800
"I think most people under stand, for example, that businessman
Revenue
on
Trading expanded Bharply late in the day as prices moved higher. Today's turnover of 2,330,000 shares compared with 2,020,000 yesterday,
320 sight of the necessity," he said. Jersey Standard.
DELAYS IN PAYMENT
Telephone
.. 20.10 28.40
INDUSTRIALË
Cement
17.00 300 @ 17.70
Hope
14.00
STORES, ETC.
Dairy XD 25.70 25,00 1000 23.00
0.25,00
25.00
Watson
17.00
L. Crawford 25.80
600 @ 20
Yanglaze Yaumati
0.45 0.00
141. 143 000 ₪ 141
West Germany's rising trade, says the British industrial might have now Treasury's latest issue of MISCELLANEOUS put her above Britain in "Bulletin for Industry.' two vital spheres of world 1-Among the 18 nations of the
$1
Organisation of European Co-operation - aft
Economic
West+
100 & 141
Europe, Greece and New York Sugar Singapore Rubber Turkey-German exports have
Market
Tho
past Britain's in spite of a riso in the British shore.
places like South America, Egypt, and parta
New York, Apr. 14. day closed 1 point lower to
World No. 4 sugar futures to point higher with sales of 245 contraris,
Domestic No. 1 sugar futures
130, contracta.
Market
Singapore, Apr. 14.
of the world outside the Dollar advanced market
On and Sterling areas, German ex- short covering, some irade and
ports are ahead of Britain's and small
factory inquiry with sellers reserved. The market are still going up while ours silp
back. closed quiet, just below the best
Even in the dollar area, where closed unchanged with sales of lovel of the day, Prices!
the British share of imide La
Future closings were: No. 1 rubber per 13. Apr. 1914
West Cor- May Day-50 still ahead of the
Contract No. 4 (world) June 59-59mont, they are putting up Ne. 2 rubber per Jh. Apr. 50-erce chase, And in
tho July No. 3
Sept. No. 4
853-561% sterling area-Including our Oct. Spot rubber unhaled
5434-59
Commonwealth while | Jan. own Blanket creDO No 1 crop pale
031-0936 British exports are rising again May United Press. after a fall West Germany's are July NEW YORK MARKET
going ahead quicker. New York, Apr. 14. Rubber futures today closed 32 to 40 points higher with sales of 110 contracts.
H
*
55-66
DWINDLING SHARE
May
the best advance groups and individual
Regis Paper, US Steel, may sometimes Sunray Oil, Standard Oil (N. And it necessary to entertain a J.) were the most active stocks, prospective client. The inland with fractional, gains In the to be losing first three, a Ecom
rise of 11⁄2 ini
Oils
were among performers in the The prospect of delays in which took in all paying allowances for approved lifted
ted prices for expenses is also causing some thares more than concern,' Such delay may
many, instances, prove inevitable with the in crossed amount of inspection.
An Inland Revenue official sald that the reason for the
3. points
Aircraft were strong. Out of 1,183 ang traded, 353 were lower and 642 higher with 138 touching new highs.
The NY Block Exchange bond volume was $3,050,000, and the American Stock Exchange Dow Jones closing averages were:
New York Cotton volume was 670,000 shares.
Market
New York, Apr. 14. Cotton traders, aware of the imponding. long week-end Easter holiday, moved over to the sidelines today pending a view of the стор clearer picture.
Meantime, prices see-sawod narrowly on routine dealings between commission
houses, local professionals, mill accounts and shippers, but maintained
3406
540
overlane of
327
throughout.
4.37
standinose
30 industrials
20 Falls, Ver
15 utilities
65 stocks
40 bonds
311.75
103.11
80.70
101.01
United Press. U.S. COMMODITY INDICES
New York, Apr, 14. Dow Jones Commodity future
price index).............. 179.70 Duw-Jones Commodity spot
price index: " Moody's
price indexi
*********... 189.08
commodities,
United Press.
431.0
LONDON METAL
PRICES
London, Apr. 14.
Finishing on a rally the list The tin farket was stondy closed up 3 to 10 polņta, Open~| while lead
was quiet. Prices
ing prices were unchanged to obsed today in sterling per long up 7 points. New Orleans closed ton as follows: up 3 to 10 points.
Tinapp
169is buyers 2571% sellats
3-month 12 7413-
The October, 1955, delivery Copper spot - 2430 made a appearance
Bpob-(cents per lb. fob Cuba)
Open interest: 5015 contraata.
Contract No. 6
This
charts in the
Waasury's month-
is given by ten
May
5.70
July
6.75t
Jy
"Bulletin for Industry."
Sept.
8.76
Nov.
9.700
July
#.70
a
cents, far
July
Higher primary markets and commission house buying orders on balance shaped the terminal
Open Bitterwet; market trend.
Pisos, intil they are almost undled Press. In the spot raatket, a small abreast of Britain's in theso routine demand from factories trades. and dealers, was apparent, Re- British car online abroad are ports sales included No. 1 shoots still more than twice Germany's, at 21% conts: No. Res pot But British have remained sull were quoted at zi
since 1951-theirs have, almost pound. Prices:
doubled,
Britain's share of machineTY, RAF, electrical and chemical, exporta Spal (cents per in. la dwindling, while Germany'
More than 300 delegates from Mr Brockway, one Labour Party, trade union, co most active operative, peace and religious | British Government's colonial Including ones at Briani organisations
de-polley, appinuried
said it was originally in Istria, at Bled in Slovenia, mands for a dramatic and decided to form the organisaat
Ilok
In Slavonia, nt dratio change of colonial tion ito stop competition Zagreb in Croatia and at Split polloy a psychological revolu- between similar bodles for in Dalmatia. tion."
financial aid,
Best of all he likos Brion!, The phrases were used in a
Now
His clear that "this which, before the war, used to it is polloy statement moved by new organisation will not arles be a smart Italian resort where Mias Jennie Lee, MP wife of out
of
organisation polo was played. There, he can Mr Anturia Bevan, the Labour necessity: It will arise from a swim, go out in a motor boat, or Party's left-wing leader.
great inspirational force."
The in baths which always have The statement said Britain The movement for colonial naturally warm water.
now create in Africa, freedom calls for an end to the There also, in the quiet of this Malaya and the Caribbean the lighting in Indo-China as well private island, It casior to same, psychological revolution as in Kenya and Malaya
and live up to the second part of his was bought about in India, the Immediate holding or a Bis recipe for a long lie and not to
My July Burma Paltistan and
worry about Be's daily prob- sent. they were given their freedom. hydrogen bomb.
lems.
Mar. In the diplomacy of the
Marshal Tito has had plenty 1869. hydrogen idmb,
Is to resist the renewed to about in his everitful all the caster and gentler ways in which we claim of Dr Daniel Malan for fe imprisonment before hoped to make a more civilised the Incorporation of the three war, tour years of liber, aghting
high commission territories
must
when
Fiva
conference
on
world are being thrust into the union of South Africa. the background Miss Les
It will also have among
objects the termination
The
in
the
Mr Fenner Brockway, British military domination. In The dispute with the Comin
member of
Parliament,
was ofteted unopposed On the
In the mountains "agshat the Germans and Tallans and the break with the Cominform in of $1948. territories and form left its mirk on his health told the inaugural meet, will support the extension of and in April 1951, be underwent ing: This country is now ready economie ald," and techtilen! an operation for: 'n "all blackkkr for a great united offort upon | assistanen to under-developed compialet,
Chairman of the new organlar.
tion,
the colonial issue.
OVERBOAR
territories and the invernal On the other Hand.-- MAZENAL
In my view it will be as application
Important", in our time as the
of the, declaration cito said that the human rights and the 15-the part%
cruande, agak laway made abol(tons of the colour bare slova Djila n by Wilberforce in kis time," China Mall Special, vista
cente
21.as
સમ 1957
British stool
exports have rison, Germany's fallen slightly.
$2.00
United Pro LONDON MARKET
London, Apr. 14 The rubber market was dull with No. 1 Bas: spot quoted af 17% pence per 18. Pricest
· Ho@1 "Mam upot Bettlement hatine,
CHICAGO GRAIN. PRICES
on the Lead Apr.
board today for the first time.
After an Initial trade at 33. Zino Apr.
forward delivery
dropped to 83.85 cents, then levelled off at around 125 points under the current Detober des livery.
11
United Press. NEW YORK' PUTÜRESİ NAG ~New York, Apr. 14.
·Prices of metal futures today' alceed in US conta per ib: as follower
Coppe
1
Trading volumes and open Interests in the Exchan (DO tow day <were?
· Lauch. Abrit
Month
Volume
Kina
May
25,700
Closing Prices
July
Ool.
201200 14,000-
3,300
114,900
bales
United - Prem.
Chicago, Apr. 14. Prices per bushel In cents: But there 1 only ono Beltlin | Whest, No. 3. red trade that can afford to emila--| spot- cycles. British exports of cycles, four times that of the Germans, have risen steadily, while German exports falten:
Exchange . Ratès
3 yellow
NEW YORK PRICES:
New York,
13430)
London Foreign Exchange